News | Latest Breaking News Stories & Headlines

Cineworld Group wants to close roughly a quarter of its 100 sites in the UK, Sky News reported today

Cineworld to exit some UK sites in restructuring plan

Cinema chain operator Cineworld Group wants to close roughly a quarter of its 100 sites in the UK and negotiate rent reductions at another 50 as part of a radical restructuring, Sky News reported today.

Business • 04 Jul 24

Cineworld had filed for Chapter 11 protection in the US last year

US court approves Cineworld's restructuring plan

British cinema chain operator Cineworld Group said today that a US court had approved its debt restructuring plan.

Business • 29 Jun 23

Cineworld, the world's second-largest cinema chain operator, filed for US bankruptcy protection in September

Cineworld set to file for administration

British cinema chain operator Cineworld Group said today it will file for administration as part of a proposed Embattled cinema chain operator Cineworld Group said it will file for administration in Britain and suspend trading on the London Stock Exchange next month, as part of a restructuring plan

Business • 26 Jun 23

CVC is in talks with Cineworld about an offer for its eastern Europe and Israel operations, reports say

CVC Capital Partners plans bid for parts of Cineworld

Private equity firm CVC Capital Partners has approached British cinema operator Cineworld Group for a takeover offer of parts of the embattled group, Sky News reported today.

Business • 27 Mar 23

Cineworld abandoned its $1.65 billion deal to buy Canada's Cineplex last week

Cineworld plans to reopen all cinemas by July

Cinema operator Cineworld Group has said some of its cinemas would reopen in the last week of June and expected all of them to reopen by July with enhanced sanitation procedures across all sites.

Business • 16 Jun 20

Cineworld said its box office performance for the year so far was slower than the same time last year

Cineworld sees lower full-year revenue

UK-based international cinema chain Cineworld Group today warned that revenue for the full year is expected to be slightly below the company's expectations due to weaker box office demand.

Business • 03 Dec 19

Cineworld said it was 'positioned well' for 2018

Cineworld's revenue grows as Star Wars, Dunkirk shine

Cinema operator Cineworld Group said total 2017 revenue grew 11.6% on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

Business • 17 Jan 18