In response to recent speculation, Cineworld has provided an update to its August 17 announcement regarding an evaluation of strategic options to both obtain additional liquidity and potentially ...
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.
A bankruptcy court judge today gave a green light to a reorganization plan for Regal parent Cineworld, the key step needed for the giant movie theater chain to emerge from bankruptcy next month. At a ...
Appointing a U.K. administrator is the latest step as the exhibition giant looks to emerge from bankruptcy proceedings as part of a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief ...
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, 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, ...
People shelter from the rain under an umbrella outside a cineworld cinema in Leicester Square in central London. (Photo by JUSTIN TALLIS/AFP via Getty Images) Cineworld’s share price has collapsed ...
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 ...
To keep costs down, many people opt to avoid the popcorn, ice cream and other staple cinema treats and bring their own from ...
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.