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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 ...
The owner of Regal Cinemas declared bankruptcy on Wednesday in a bid to deal with billions of dollars in debt and subpar movie attendance. Cineworld, which has nearly $5 billion in debt, said it ...
Regal Cinemas British parent Cineworld filed for bankruptcy after warning of a weak fall movie slate and expects to emerge from bankruptcy early next year ...
Cineworld operates in 10 countries and could be facing payment obligations to former Regal Cinemas shareholders and a potential multimillion-dollar fine in a dispute with Canada’s Cineplex.
Shares in Cineworld plunged more than 30% Monday, hitting their lowest level since late August, after the owner of Regal Cinemas said it planned to terminate efforts to sell its US, UK and Irish ...
Cineworld Group Plc said Monday that 536 Regal cinemas in the U.S. and 127 Cineworld and Picturehouse venues in the U.K. would close on Thursday. Some 45,000 employees are affected.
Regal Cinemas owner Cineworld has set a new $450 million debt facility, which will help the movie exhibitor stay afloat amid the ongoing coronavirus pandemic. Combined with extensions in the ...
All staff have been placed at risk of redundancy, according to documents posted on social media by affected employees.
Cinema chain Regal will reopen next month in time for the big-budget release "Godzilla vs. Kong," owner Cineworld said on Tuesday, as it set out a deal to show Warner Bros. films before they are ...
Cineworld Group, the world's second-largest movie theater chain and operator of Regal cinemas, has filed for bankruptcy, blaming lower admissions and delayed film schedules on the COVID-19 pandemic.
Cineworld Group, the parent company of Regal Cinemas, filed for bankruptcy as it works to get its nearly $5 billion in debt under control.
Regal Cinemas owner Cineworld is reportedly preparing to file for bankruptcy as movie theaters struggle to win back audiences after the pandemic ravaged the business.
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