Cineworld emerges from Chapter 11 bankruptcy Cineworld Group said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board. Business • 01 Aug 23
Cineworld emerges from Chapter 11 bankruptcy Cineworld Group said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board. Business • 01 Aug 23
Cineworld expects to exit Chapter 11 bankruptcy in July Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said today, adding that its proposed debt restructuring has the backing of most of its lenders. Business • 25 May 23
Cineworld expects to exit Chapter 11 bankruptcy in July Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said today, adding that its proposed debt restructuring has the backing of most of its lenders. Business • 25 May 23
Cineworld scraps sale of Eastern European operations Cinema chain operator Cineworld said today it has abandoned the planned sale of its businesses in Eastern Europe and Israel, saying the proposals it got did not meet the value needed by its lenders. Business • 18 Apr 23
Cineworld scraps sale of Eastern European operations Cinema chain operator Cineworld said today it has abandoned the planned sale of its businesses in Eastern Europe and Israel, saying the proposals it got did not meet the value needed by its lenders. Business • 18 Apr 23
Cineworld ends US, UK and Irish businesses sale process Movie chain operator Cineworld Group said today it has terminated the sale process for its US, UK and Ireland businesses after failing to find an all-cash buyer. Business • 03 Apr 23
Cineworld ends US, UK and Irish businesses sale process Movie chain operator Cineworld Group said today it has terminated the sale process for its US, UK and Ireland businesses after failing to find an all-cash buyer. Business • 03 Apr 23
Cineworld gets no offer for whole company Cineworld said its shareholders may see the value of their equity wiped out as it looks to exit from Chapter 11 bankruptcy protection after it failed to find a buyer for the whole of the world's second biggest cinema chain Business • 24 Feb 23
Cineworld gets no offer for whole company Cineworld said its shareholders may see the value of their equity wiped out as it looks to exit from Chapter 11 bankruptcy protection after it failed to find a buyer for the whole of the world's second biggest cinema chain Business • 24 Feb 23
Cineworld dives on no bidders for UK, US assets reports Shares of Cineworld slumped as much as 22% today after media reports said the world's second-largest cinema operator had received 40 non-binding bids. Business • 22 Feb 23
Cineworld dives on no bidders for UK, US assets reports Shares of Cineworld slumped as much as 22% today after media reports said the world's second-largest cinema operator had received 40 non-binding bids. Business • 22 Feb 23
Cineworld shares slide as it locks focus on group sale Cineworld will focus on a sale of the group as a whole rather than individual assets, the cinema operator has said, sending the troubled company's shares sharply lower. Business • 04 Jan 23
Cineworld shares slide as it locks focus on group sale Cineworld will focus on a sale of the group as a whole rather than individual assets, the cinema operator has said, sending the troubled company's shares sharply lower. Business • 04 Jan 23
Struggling Cineworld paints bleak picture for cinemas Cineworld has today painted a bleak picture for cinema operators, forecasting admissions would remain below pre-pandemic levels in the next two years as the Regal chain owner tries to fix its finances under bankruptcy protection. Business • 30 Sep 22
Struggling Cineworld paints bleak picture for cinemas Cineworld has today painted a bleak picture for cinema operators, forecasting admissions would remain below pre-pandemic levels in the next two years as the Regal chain owner tries to fix its finances under bankruptcy protection. Business • 30 Sep 22
Cineworld gets nod to access $785m in financial aid Movie chain operator Cineworld said today that a US bankruptcy court had granted it access to up to $785m of an about $1.94 billion financial aid it had secured from existing lenders as part of its Chapter 11 filing. Business • 09 Sep 22
Cineworld gets nod to access $785m in financial aid Movie chain operator Cineworld said today that a US bankruptcy court had granted it access to up to $785m of an about $1.94 billion financial aid it had secured from existing lenders as part of its Chapter 11 filing. Business • 09 Sep 22
Cineworld chain files for bankruptcy in US Cineworld, the world's second biggest cinema chain, announced that it has filed for bankruptcy protection in the United States. Business • 08 Sep 22
Cineworld chain files for bankruptcy in US Cineworld, the world's second biggest cinema chain, announced that it has filed for bankruptcy protection in the United States. Business • 08 Sep 22
Cineworld - from chasing deals to turning off screens A timeline of Cineword, which operates under the Cinema City, Picturehouse, Regal and Yes Planet brands, and its past and present struggles. Business • 22 Aug 22
Cineworld - from chasing deals to turning off screens A timeline of Cineword, which operates under the Cinema City, Picturehouse, Regal and Yes Planet brands, and its past and present struggles. Business • 22 Aug 22
Cineworld mulls filing for bankruptcy in the US Cineworld, the world's second-largest cinema operator, is staring at a possible bankruptcy filing as it struggles to cut debts that soared during the pandemic, it warned today. Business • 22 Aug 22
Cineworld mulls filing for bankruptcy in the US Cineworld, the world's second-largest cinema operator, is staring at a possible bankruptcy filing as it struggles to cut debts that soared during the pandemic, it warned today. Business • 22 Aug 22
Cineworld shares drop over bankruptcy reports Cineworld shares closed almost 60% lower this evening following reports it was preparing to file for bankruptcy "within weeks". Business • 19 Aug 22
Cineworld shares drop over bankruptcy reports Cineworld shares closed almost 60% lower this evening following reports it was preparing to file for bankruptcy "within weeks". Business • 19 Aug 22
Cineworld warns of low footfall over few film releases Cineworld has warned that a lack of big-budget film releases was hitting admissions at its cinemas and would likely persist until November. Business • 17 Aug 22
Cineworld warns of low footfall over few film releases Cineworld has warned that a lack of big-budget film releases was hitting admissions at its cinemas and would likely persist until November. Business • 17 Aug 22
Cinema operator Cineworld cuts annual loss Cineworld has today forecast a better performance this year thanks to pent-up demand and a full movie slate, after posting a smaller 2021 loss helped by the success of Marvel's "Spider-Man: No Way Home". Business • 17 Mar 22
Cinema operator Cineworld cuts annual loss Cineworld has today forecast a better performance this year thanks to pent-up demand and a full movie slate, after posting a smaller 2021 loss helped by the success of Marvel's "Spider-Man: No Way Home". Business • 17 Mar 22
Cineworld hit by appeal in Cineplex legal battle Cineworld Group said today that Canada's Cineplex has filed an appeal against its plea challenging an order the British cinema operator pay C$1.23 billion in damages to Cineplex for abandoning a planned takeover. Business • 28 Jan 22
Cineworld hit by appeal in Cineplex legal battle Cineworld Group said today that Canada's Cineplex has filed an appeal against its plea challenging an order the British cinema operator pay C$1.23 billion in damages to Cineplex for abandoning a planned takeover. Business • 28 Jan 22
'Spider-Man' brings home crowds and money for Cineworld Cineworld today said its December box office sales recovered to nearly 90% of pre-pandemic levels helped by the Marvel superhero film "Spider-Man: No Way Home". Business • 14 Jan 22
'Spider-Man' brings home crowds and money for Cineworld Cineworld today said its December box office sales recovered to nearly 90% of pre-pandemic levels helped by the Marvel superhero film "Spider-Man: No Way Home". Business • 14 Jan 22
Cineworld shares tumble on damages over Cineplex deal Cineworld shares plunged by 40% today after the British cinema operator was ordered to pay C$1.23 billion ($957m) in damages to rival Cineplex for abandoning a planned takeover, a decision it said it would appeal. Business • 15 Dec 21
Cineworld shares tumble on damages over Cineplex deal Cineworld shares plunged by 40% today after the British cinema operator was ordered to pay C$1.23 billion ($957m) in damages to rival Cineplex for abandoning a planned takeover, a decision it said it would appeal. Business • 15 Dec 21
Cineworld's UK and Irish revenues up 27% from 2019 Film fans in the UK and Ireland have returned to Cineworld cinemas in large numbers, helping to turn a corner for the company, which has struggled since the start of the pandemic. Business • 15 Nov 21
Cineworld's UK and Irish revenues up 27% from 2019 Film fans in the UK and Ireland have returned to Cineworld cinemas in large numbers, helping to turn a corner for the company, which has struggled since the start of the pandemic. Business • 15 Nov 21
Bond movie breathes life into UK cinema chains Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry. Business • 27 Sep 21
Bond movie breathes life into UK cinema chains Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry. Business • 27 Sep 21
Cineworld to pay $170m to dissenting Regal shareholders Cineworld, the world's second-largest cinema operator, said today it will pay $170m to Regal Entertainment shareholders, who were against the London-listed company's takeover of the US chain in 2017. Business • 10 Sep 21
Cineworld to pay $170m to dissenting Regal shareholders Cineworld, the world's second-largest cinema operator, said today it will pay $170m to Regal Entertainment shareholders, who were against the London-listed company's takeover of the US chain in 2017. Business • 10 Sep 21
Cineworld reports strong opening weekend in UK Cineworld said today its UK cinemas attracted more people than expected in its first weekend of reopening, as "Peter Rabbit 2" attracted crowds after months of coronavirus lockdown. Business • 24 May 21
Cineworld reports strong opening weekend in UK Cineworld said today its UK cinemas attracted more people than expected in its first weekend of reopening, as "Peter Rabbit 2" attracted crowds after months of coronavirus lockdown. Business • 24 May 21
Cineworld posts loss of $3 billion for 2020 Cineworld said today it will ask shareholders to approve a raise in its debt ceiling next month to allow it to borrow more money to shore up its shattered finances after reporting a $3 billion loss for 2020. Business • 25 Mar 21
Cineworld posts loss of $3 billion for 2020 Cineworld said today it will ask shareholders to approve a raise in its debt ceiling next month to allow it to borrow more money to shore up its shattered finances after reporting a $3 billion loss for 2020. Business • 25 Mar 21
Cineworld's US venues to open in April Cineworld said it will re-open its US cinemas in April and its UK cinemas a month after, in time to screen big-budget movies including "Godzilla vs Kong", after prolonged shutdowns during the Covid-19 crisis. Business • 23 Mar 21
Cineworld's US venues to open in April Cineworld said it will re-open its US cinemas in April and its UK cinemas a month after, in time to screen big-budget movies including "Godzilla vs Kong", after prolonged shutdowns during the Covid-19 crisis. Business • 23 Mar 21
Cineworld gets debt reprieve to survive closures Cineworld Group said today its lenders had agreed to waive its debt covenants until June 2022. Business • 23 Nov 20
Cineworld gets debt reprieve to survive closures Cineworld Group said today its lenders had agreed to waive its debt covenants until June 2022. Business • 23 Nov 20
