formerly Mad Cornish Projectionist.
Cineworld, the world’s second largest cinema chain, has followed its rival AMC in banning Universal Studios films from its cinemas when they reopen, after the Hollywood film-maker released Trolls On Tour direct to streaming platforms. “There is a certain system … Continued
Disney has joined Universal in saying it will consider releasing films at home once lockdown ends. Despite Universal facing fierce opposition from cinema chains including Cineworld and Odeon, who will no longer show the studio’s films if they do not respect the 90-day theatrical exclusivity, Disney acknowledged it … Continued
Cineworld and Regal’s policy with respect to the window is clear, well known in the industry and is part of our commercial deal with our movie suppliers. We invest heavily in our cinemas across the globe and this allows the … Continued
Cineworld has been criticised for taking on too much debt. A group of Cineworld lenders are exploring a legal challenge to block the company’s £1.6bn debt-fuelled takeover of a Canadian peer. US and Canadian investors are understood to have hired … Continued
The company has net debts of US$3.5bn and is in talks over its liquidity requirements. Cineworld PLC has scrapped its dividends for the remainder of 2020 to save cash while directors have deferred their salaries, bonuses during the coronavirus crisis. … Continued
Cineworld workers at Broughton say they found out on Twitter that they had been sacked and are furious many will leave without a penny in redundancy. Staff heard on Tuesday that the chain was closing that evening for a temporary … Continued