Search result for Cineworld
UNITED KINGDOM: CINEWORLD SIGNED DEAL WITH CREDITORS FOR SURVIVING THEATRE CLOSURES
Highlights:
- The Cineworld of the United Kingdom have made a deal with the creditors for surviving the closures of theatres
- The shares of the Cineworld have been increased by 17 percent in the response to the deal
On Monday, the Cinew...
COVID-19 IMPACT: REGAL CINEMAS, THE SECOND-LARGEST THEATRE CHAIN IN U.S. LIKELY TO SHUT
Highlights
• Regal Cinemas owned by British company Cineworld is considering to close all its 543 theatres in the United States after incurring heavy losses in the period of COVID-19
• Cineworld made a tweet where it wrote that once the decision will be made, they wi...
UK CINEMAS LAUNCH COVID-19 SAFEGUARDING CAMPAIGN
HIGHLIGHTS
- Some cinemas in UK are reopening.
- Due to coronavirus, it is not safe for people to visit cinema halls.
- A campaign urging audiences to return to cinemas has been launched in the UK.
- The campaign intends reassure audienc...
BRITAIN’S CINEWORLD PREPARE ITSELF TO REOPEN SOON AFTER SECURING DEBT
Highlights –
- Cineworld has secured a debt facility of $250 million to reopen theatres.
- It has secured debt from private institutional investors.
- Currently, Cineworld has debt piled up to almost $3.5 billion.
- It also secured...