formerly Mad Cornish Projectionist.
The judge will rule on whether the plan should be accepted at this week’s ‘Sanction Hearing’. Source: Cineworld creditors approve aggressive restructuring plan as key landlords object | News | Screen
A cinema chain which was given public money to move to a new retail site has indicated it will now leave if it does not receive a rent reduction from its council landlord. Source: Cineworld could leave Barnsley Glass Works … Continued
The third-largest U.S. cinema chain’s careful approach has paid off with market share gains and a surging stock price. Source: As its cinema peers struggle, Cinemark looks like a post-pandemic winner – The Washington Post
The company, which is part of the world’s second-largest cinema chain, has faced difficulties since the Covid pandemic. Source: Cineworld to close 6 UK branches: full list of cinemas at risk | Evening Standard
Sky News reported on Thursday that the major restructuring was imminent – the result of a failure to get to grips with a huge debt pile. Source: Cineworld reveals cinema closures as part of restructuring plan | Business News | … Continued
The funds are intended to boost its already existing locations (425 theaters across the country) with enhancements like luxury recliners. Source: Regal Plans to Upgrade Its Movie Theaters With $250M Capital Raise