World’s second-largest cinema chain accused of ‘buyers remorse’ by Canadian rival. Cineworld, the world’s second-largest cinema chain, has announced that it plans to countersue Cineplex as it squares up for an expensive legal battle with the Canadian chain that it pulled out of buying last month. The UK-based cinema group said on Monday that it … [Read more...]
Is my local cinema open? Full list of the Cineworld, Odeon, Vue and independent cinemas reopening across London
It’s the news film fans have been waiting for – after a long time away, lockdown is easing and cinemas are slowly reopening up across the city. Cinemas have been given the green light to open from July 4, and there have plenty of drive-in cinema dates announced recently. However, not everywhere will be able to reopen straight away. There will … [Read more...]
Global chain Cineworld announces plans to reopen theaters in the U.S., U.K., and Europe within weeks
The theater chain Cineworld, which operates 787 movie theaters and some 9,500 screens across 10 countries, has announced that the summer movie season is back on. Following global shut-downs of movie venues the world over, the chain’s CEO says they will be opening all of its theaters across the U.S., U.K. and Europe starting June 26 and through … [Read more...]
Cineworld faces legal action for pulling out of Cineplex deal
Closure of cinemas has wiped more than C$1bn from Canadian company’s value. Cineworld, the world’s second-largest cinema chain, is facing the threat of costly legal proceedings after its Canadian rival Cineplex launched action against it for pulling out of a $2.3bn deal that was due to complete this month. The Toronto-headquartered Cineplex … [Read more...]
Cineworld abandons $2.3bn Cineplex purchase
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found … [Read more...]
Cineworld and Odeon looking to reopen UK cinemas in July
Cineworld and Odeon join Vue Cinemas in indicating their plans to open their doors again in July. It’s going to be testing times for the cinema industry over the coming months, which is pretty much stating the obvious. But the challenge that’s imminent is the reopening of cinemas, and making them safe for people to visit. It’s pretty well … [Read more...]
