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 theaters are looking at another year of survival as hopes for box office stability remain at least another year away, ...
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.
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 ...
Shares of AMC Entertainment Holdings are under huge pressure at the start of the trading session as traders react to the special dividend in the form of the AMC Preferred Equity Units and the ...
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 ...
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 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 Group, the world’s second largest theater circuit, said today it’s completed its executive team following the 2023 appointment of CEO Eduardo Acuna after the company emerged from ...
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 ...