The company filed for bankruptcy in the U.S. in September as it wrestled with $5B in debt, and headed into Chapter 11 with $1.94B in debtor-in-possession financing. At that time, the chain had ...

Movie theaters are looking at another year of survival as hopes for box office stability remain at least another year away, ...

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 ...

A Canadian court ruled in Cineplex’ favor to the tune of $1 billion in a breach of contract lawsuit No one believes a bankruptcy means goodbye to Cineworld, rather a slimmed down and tidied up ...

AMC has recently released a statement regarding Cineworld’s problems. The company’s CEO commented: “At AMC, as we have publicly disclosed previously, the film slate in the third quarter of ...

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 ...

Movie theater operator CMX Cinemas filed for Chapter 11 bankruptcy in April 2020 after the Covid-19 pandemic devastated the industry. Regal Cinemas owner Cineworld also struggled during the ...

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 ...

It plans to emerge from bankruptcy in the first quarter of next ... to see their existing positions diluted significantly, Cineworld said. But its shares are expected to continue trading on ...

Cineworld Group, the world’s second largest ... 2023 appointment of CEO Eduardo Acuna after the company emerged from bankruptcy. Thomas Song of Dine Brands and Aimbridge Hospitality joined ...

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 ...

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 ...