AMC Undercut MovieTickets.com Agreement: Suit

Law360, New York (February 8, 2012, 5:44 PM EST) -- Online movie ticketer MovieTickets.com said Wednesday that it had joined a suit accusing movie theater chain and founding shareholder AMC Entertainment Inc. of breaching a contract to sell tickets to its theaters online exclusively through MovieTickets.com.

The suit, originally lodged by fellow MovieTickets.com founding shareholders National Amusements Inc. and Hollywood Media Corp. in Florida state court in October, claims AMC breached the deal both before and after its demands for greater control and a larger share of MovieTickets.com weren't met, selling tickets online through MovieTickets.com's chief...
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