Cineworld Grapples With Box-Office Slump as It Seeks a Sale in Bankruptcy

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Cineworld, owner of Regal Cinemas, said it continues to miss its box-office projections as it gears up to sell itself out of chapter 11

Bankrupt movie-theater chain Cineworld Group PLC said it continues to miss its box-office projections due to challenging market conditions as it gears up to sell itself out of chapter 11.

Joshua Sussberg, a lawyer for U.K.-based Cineworld, owner of Regal Cinemas, told Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston, Texas, on Wednesday that the company’s restructuring efforta WSJ membership

Source: Entertainment Trends (entertainmenttrends.net)

 

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'In December alone, the admission number was 44% less than what the company had projected when it entered chapter 11' surely this shows Avatar 2 and Black Panther 2 were expected to perform far stronger than they have done?

those ubiquitous black genius characters are boring signals of propaganda

And Cinemark is ready to buy. It helps to be financially stable.

'Uno al poner determinado dinero, tiene su riego evidente'☣️😁

Keep the nonsense.

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Regal-Owner Cineworld Will Not Break Up Group, Denies Talks With AMCRegal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its a… right move to not talk to amc, but the fact that they won’t try to work to make some cash & sell off assets individually is really dumb
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Cineworld shares slide as it locks focus on group saleCineworld will focus on a sale of the group as a whole rather than individual assets, the British cinema operator said on Tuesday, sending the troubled company's shares sharply lower.
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Regal Cinemas owner Cineworld will not break up group and denies talks with AMCRegal-owner Cineworld, the world’s second-largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its assets.
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