10 Tech and Entertainment Acquisition Targets in 2021, Including Struggling AMC Theatres

Sean Burch
·1-min read

It’s time to look ahead at a few potential tech and entertainment M&A targets for 2021. Could AMC, after a horrendous year for the cinema industry, still attract a buyer like Amazon’s attention? Is 2021 the year Apple decides to use its massive cash hoard to gobble up a film studio (like Sony Pictures) and accelerate its Hollywood push? Those are real possibilities, among several other buyout targets, as 2021 kicks off. Here’s our full list of 10 companies to keep an eye on this year as potential acquisitions. Getty Images 1. AMC Entertainment — The nation’s largest theater chain is on life support right now. The pandemic has crippled the cinema business, and AMC, in particular, is feeling the pain, with the company warning investors it could run out of cash by early 2021. After seeing its share price drop 70% this year, AMC is now worth less than $350 million. Amazon was rumored to be looking at a potential AMC acquisition last year, and that could still be an option moving forward. The tech giant would grab more than 1,000 theaters in the deal, but also billions of dollars in debt in the process. With multiple vaccines rolling...

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