formerly Mad Cornish Projectionist.
The £1-per-ticket initiative is on track to pass 500,000 admissions by the end of the summer. Source: Cineworld pulls in 300,000 UK cinemagoers with family-film ticket scheme | News | Screen
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 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
Cinema operator Cineworld is reportedly working with advisors on a strategic review that could lead to the disposal of its UK operations. Sky News reported over the weekend that Cineworld has begun contacting prospective bidders. It said that AlixPartners, the … Continued