The debt-riddled Regal Cinemas owner Cineworld Group on Wednesday filed for Chapter 11 bankruptcy in the U.S. In a statement, the troubled London-based cinema chain said it was setting up “a $1.94 ...
The ratings firm cited debt reductions and improved cash flow to assign a B rating and a stable outlook for the exhibition giant after its bankruptcy restructuring. By Etan Vlessing Canada Bureau ...
Cineworld, the owner of Regal Cinemas, confirmed on Monday it is considering filing for Chapter 11 bankruptcy in the U.S. and "associated ancillary proceedings in other jurisdictions" amid an ongoing ...
Cineworld is closing another five cinemas this month, following six venues closing across the UK and Ireland last year. In December 2024, it was confirmed that the company had completed its ...
Cinema giant and Regal owner Cineworld has said its considering closing its U.S. and U.K. theaters but a decision is not yet final. By Alex Ritman, Pamela McClintock Following Saturday’s news that ...
Cineworld has announced that six more cinemas in England are closing as a result of its Restructuring Plan. It brings the total number of Cineworld closures in 2024 to 11 across the UK, following five ...
Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover ...
Cineworld Group, the parent company of movie theater chain Regal Cinemas, filed for bankruptcy Wednesday as it works to get its nearly $5 billion in debt under control. As part of its Chapter 11 ...
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