The "first day" relief requested in a U.S. bankruptcy court is "expected to provide sufficient liquidity" for it "to meet its ongoing obligations." By Georg Szalai Global Business Editor A U.S.
In response to recent speculation, Cineworld has provided an update to its August 17 announcement regarding an evaluation of strategic options to both obtain additional liquidity and potentially ...
Add Yahoo as a preferred source to see more of our stories on Google. The debt-riddled Regal Cinemas owner Cineworld Group on Wednesday filed for Chapter 11 bankruptcy in the U.S. In a statement, the ...
The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...
The cinema chain didn’t warn me clearly when I went to see Avatar: Fire and Ash that I needed to register my number plate ...
Regal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its ...
Cineworld, the U.K.-based parent company of Regal Cinemas, is making progress on a path out of bankruptcy, but that path looks to be littered with losses for landlords. With more than $5B in debt, ...
People shelter from the rain under an umbrella outside a cineworld cinema in Leicester Square in central London. (Photo by JUSTIN TALLIS/AFP via Getty Images) Cineworld’s share price has collapsed ...
Regal owner Cineworld has scrapped plans to sell its US, UK and Ireland businesses after failing to find a buyer, the cinema chain operator said on Monday, as it proposed a new debt restructuring plan ...
The timing of the rollout coincides with Burns Night, and Cineworld is tying the launch to a nationwide promotion across its ...
A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the ...