The British-based cinema giant unveiled a court-directed plan to shutter six locations and renegotiate rents to get back to profitability. By Etan Vlessing Canada Bureau Chief Regal-owner Cineworld ...
After emerging from bankruptcy in the U.S. last summer, Regal parent Cineworld is exploring options for its UK business that could include a potential sale or restructuring, Sky News reported over the ...
The Situation: Four UK companies within the Cineworld Group ("Cineworld") have obtained court sanction to an English-law Part 26A restructuring plan ("RP"). Cineworld became financially distressed ...
Cineworld has announced that six more cinemas in England are closing as a result of its Restructuring Plan. It brings the total number of Cineworld closures in 2024 to 11 across the UK, following five ...
Cineworld , the world's second-biggest cinema chain, will close its UK and U.S. movie theaters this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it fights to ...
The Regal-owner had already closed another five theater locations to shake up its British operations. By Etan Vlessing Canada Bureau Chief Regal Entertainment-owner Cineworld says it will close six ...
Shares in Cineworld plunged more than 30% Monday, hitting their lowest level since late August, after the owner of Regal Cinemas said it planned to terminate efforts to sell its US, UK and Irish ...
LONDON (AP) — Cinema chain Cineworld said Sunday it is considering closing all its movie theaters in Britain and the United States, after the postponement of the new James Bond film left a big hole in ...
It was friend-of-Bleeding Cool novelist Tony Lee who first told me about problems with the Mission: Impossible – Dead Reckoning Part One screenings at the UK movie chain Cineworld. He went to see the ...
Cineworld has enjoyed a record-breaking day in the UK on its inaugural Cineworld Day, according to the exhibitor. A mixture of films old and new in a variety of formats, as well as a low price offer ...
With Cineworld and Picturehouse cinemas temporarily closed in the UK from this past Friday, Cineworld Group CEO Mooky Greidinger has written to UK Prime Minister Boris Johnson asking the government to ...
On what should be a weekend of celebration for cinemas with the release of the huge blockbuster Deadpool & Wolverine, Cineworld has confirmed the sad news that it is closing 6 cinemas across the UK.