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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 U.K. moves come as parent company Regal Cineworld Group secured a new $1.9 billion term loan facility on Dec. 3, projected to yield $60 million in annual interest savings. The exhibitor is ...
The top management of multinational cinema chain Cineworld are to receive up to $35 million to exit the company as it emerges from Chapter 11 proceedings, according to a report. The company’s ...
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Cineworld Cinemas brand logo used since 2008. Cineworld Group plc is a British cinema operator headquartered in London, England. It is the world's second-largest cinema chain (after AMC Theatres), with 9,139 screens across 747 sites [4] in 10 countries: [5] Bulgaria, Czech Republic, Hungary, Ireland, Israel, Poland, Romania, Slovakia, the United Kingdom and the United States.
In December 2019, UK-based Cineworld plans to acquire the now renamed Cineplex Entertainment which will see the former 47 Famous Players theatres into the fold. The sale will make Cineworld the largest cinema chain in North America with the ownership of Regal Cinemas. The company stated that Cineplex's operations were to be integrated with ...
Regal Cinemas (also Regal Entertainment Group) is an American movie theater chain founded on August 10, 1989 and owned by the British company Cineworld, headquartered in Knoxville, Tennessee, [3] and operates the second-largest theater circuit in the United States, with 6,853 screens in 511 theaters as of December 31, 2021. [4]
A cinema chain has announced it is set to close one of its flagship venues in West Yorkshire in the new year. Cineworld said its 14-screen Castleford branch, at Xscape Yorkshire, will shut on 19 ...