The Latest Breaking News from Cineworld

Eight cinemas across the city of Glasgow will join in on a special event made for National Cinema Day, offering cheap tickets for all on Saturday, September 3 2022.

Cineworld has signalled its intention to declare bankruptcy. Like many companies in the UK and elsewhere, the London-based cinema chain took on massive amounts of debt to expand. It is expected to use the Chapter 11 process in the US to restructure its debt and other obligations.

"The value of your AMC investment will be the combination of your AMC shares and your new APE units," said CEO Adam Aron.

The potential bankruptcy of world No.2 cinema operator Cineworld is shining a spotlight on the wider industry as it struggles to recover from the pandemic and compete with the growing popularity of streaming, Reuters reported. Debt-laden Cineworld, which owns the Regal chain in the United States and runs theatres in…

Leading movie theater operator AMC Entertainment (AMC) reported disappointing recent financials. And its near-term prospects look bleak due to production delays and increasing competition from online streaming service providers. Moreover, after gaining significantly over the past three months, this meme stock has declined nearly 26.3% over the past week as…

London (AFP) - British-based cinema chain Cineworld confirmed Monday that a US bankruptcy filing is among options for the debt-laden group, which has been slammed by dwindling audience numbers.

The world's second-largest cinema chain is struggling under heavy debts

Cineworld Group says it's considering filing for Chapter 11 bankruptcy protection in the U.S. and similar actions elsewhere

The cinema chain is going through struggles with almost $5 billion of debt.