Hi Tybee, if 300 feet is the maximum range that the Decade can reach, I could see a lower range for stereophonic sound, since car radios will blend the channels when the signal is weaker. For a movie, the audience would want the soundtrack to be in stereo.
For that reason I think AM might not be so good for movies, radio-restricted mono sound wouldn't be what the viewers expect. On the other side, I could see AM for a pastor's voice at a church, and preaching is commonly heard on AM stations. An AM transmitter like the Talking House can be used, and it's almost as easy as AM, the automatic tuner, just provide a mono feed.
Multiple transmitter FM shouldn't have the interference potential of AM with transmitters on the same frequency, due to FM's capture effect, but FM can still interfere when transmitters are equal strength, or signals are weak at the receive location, then they could intermodulate with each other and cause distortion.
Good questions, now I want to see a WalMart movie.
Bear