The "first day" relief requested in a U.S. bankruptcy court is "expected to provide sufficient liquidity" for it "to meet its ongoing obligations." By Georg Szalai Global Business Editor A U.S.
The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...
Cineworld, the U.K.-based parent company of Regal Cinemas, is making progress on a path out of bankruptcy, but that path looks to be littered with losses for landlords. With more than $5B in debt, ...
Cineworld, the parent company of Regal Cinemas, is reportedly exploring a sale or restructuring of its cinemas in the United Kingdom. On Saturday, Sky News reported that Cineworld has hired ...
Regal-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 ...
Odeon allows its customers to bring their own refreshments, though certain restrictions are in place. According to Odeon's ...
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.
UK-based movie theater operator Cineworld Group reportedly received no investor bids for its U.S. or British assets during its effort to restructure as part of its bankruptcy filing in the United ...
Following last week’s announcement, Cineworld officially will cease trading on the London Stock Exchange at 8 a.m. BST Tuesday. “As previously announced by Cineworld, the restructuring of the Group, ...
A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the ...