The company filed for bankruptcy in the U.S. in September as it wrestled with $5B in debt, and headed into Chapter 11 with $1.94B in debtor-in-possession financing. At that time, the chain had ...
Movie theater giant and Regal owner Cineworld said on Thursday that it now expects to emerge from Chapter 11 bankruptcy in July. The second-largest exhibitor in the world had previously targeted ...
Cineworld,, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options.
The Covid-19 pandemic of 2020 devastated hundreds of businesses in the U.S., forcing several establishments to file for bankruptcy, such as retailers, restaurants, real estate firms and energy ...
Bosses at Cineworld are considering whether to put the world’s second largest cinema chain into bankruptcy. The chain, which has a cinema in Poole, confirmed on Monday it is looking at ...
Troubled cinema chain Cineworld has said its lenders have appointed Eduardo Acuna as chief executive of the group as it prepares to emerge from bankruptcy. Mr Acuna will work alongside new ...
The company said it had filed for Chapter 11 – a form of US bankruptcy that businesses often use when they plan to bounce back from their current problems. It plans to emerge from bankruptcy in ...
Last July, Eduardo Acuna stepped into one of the biggest jobs in cinema when he took the helm of Cineworld as it emerged from bankruptcy. He tells Screen about his vision for the future.