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 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...