Earlier this month it received court approval to raise $2.26B, a deal it arranged with some lenders as it works to emerge from bankruptcy. Cineworld says its plan has the support of lenders ...
Movie theater giant and Regal owner Cineworld said on Thursday that it now expects to emerge from Chapter 11 bankruptcy in July. The second-largest exhibitor in the world had previously targeted ...
Cineworld,, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options.
The Cineworld Group, the second largest cinema group in the world, is reportedly preparing to file for bankruptcy. The Wall Street Journal reports the British-based firm is considering the move ...
The company said it had filed for Chapter 11 – a form of US bankruptcy that businesses often use when they plan to bounce back from their current problems. It plans to emerge from bankruptcy in ...
Under new leadership following its emergence from bankruptcy, United Kingdom-based movie theater giant Cineworld Group, which operates more than 9,000 movie screens, has cast John Henrich as ...
Bosses at Cineworld are considering whether to put the world’s second largest cinema chain into bankruptcy. The chain, which has a cinema in Poole, confirmed on Monday it is looking at ...
The show is over. Last week Cineworld Group’s shares plunged by 80% on rumours that it was about to declare bankruptcy. This week it confirmed that it is considering a voluntary Chapter 11 ...
The Covid-19 pandemic of 2020 devastated hundreds of businesses in the U.S., forcing several establishments to file for bankruptcy, such as retailers, restaurants, real estate firms and energy ...
Cineworld has said it expects to exit bankruptcy protection in July as the troubled cinema chain secured further backing from lenders for its restructuring plan. The world’s second largest ...
Troubled cinema chain Cineworld has said its lenders have appointed Eduardo Acuna as chief executive of the group as it prepares to emerge from bankruptcy. Mr Acuna will work alongside new ...