Cineworld files for Chapter 11 bankruptcy
7th Sep 2022 15:54
(Sharecast News) - Cineworld said on Wednesday that it has filed for Chapter 11 bankruptcy in the US.
Read moreCineworld considering filing for bankruptcy in US
22nd Aug 2022 07:18
(Sharecast News) - Cineworld confirmed on Monday that it is considering filing for bankruptcy in the US as it looks to access near-term liquidity.
Read moreCineworld shares tank on report chain is set file for bankruptcy
19th Aug 2022 14:53
(Sharecast News) - Cineworld shares went into freefall on Friday on a report that the world's second largest cinema chain was preparing to file for bankruptcy amid plunging ticket sales after Covid pandemic restrictions were lifted.
Read moreCineworld mulls restructure as lack of blockbusters hits sales
17th Aug 2022 08:08
(Sharecast News) - Film theatre chain Cineworld warned on Wednesday that a lack of big-budget film releases was hitting admissions at its cinemas and would persist until November, hitting trading and the group's liquidity.
Read moreCineworld cruises higher as Top Gun: Maverick breaks box office records
30th May 2022 15:07
(Sharecast News) - Cineworld shares surged on Monday, with traders pointing to the fact that Top Gun: Maverick has broken box office records in North America.
Read moreCineworld obtains undertakings to waive guaranteed convertible bonds
10th May 2022 08:24
(Sharecast News) - Movie theatre operator Cineworld said on Tuesday that it had obtained undertakings to waive from the holders of its guaranteed convertible bonds due in 2025.
Read moreCineworld seeks another extension to Regal shareholder payments
4th May 2022 08:28
(Sharecast News) - Cineworld said on Wednesday that it was looking to delay its payments to former Regal Entertainment shareholders further, having agreed an extension already in February.
Read moreCineworld narrows losses as Covid curbs ease
17th Mar 2022 07:03
(Sharecast News) - Film theatre operator Cineworld narrowed losses as lockdowns eased globally and expected a strong return to trading in March after a hit from the Covid Omicron strain, but warned of uncertainties of its ability to pay down debts.
Read moreThursday preview: Bank of England, Cineworld in the spotlight
16th Mar 2022 12:45
(Sharecast News) - Financial markets' attention on Thursday will be on the Bank of England, even as investors keep a wary eye trained on events in Ukraine.
Read moreCineworld starts talks with former Regal shareholders
1st Feb 2022 07:37
(Sharecast News) - UK cinema chain operator Cineworld on Tuesday said it had begun talks with former shareholders of its US Regal Entertainment division over a potential rescheduling of its payment obligations.
Read moreCineworld legal battle hots up as Cineplex files cross-appeal
28th Jan 2022 07:22
(Sharecast News) - The legal battle between Cineworld and Canada's Cineplex intensified on Friday as the latter submitted a new claim over compensation.
Read moreCineworld generates positive cash flow in Q4
14th Jan 2022 07:09
(Sharecast News) - Theatre operator Cineworld said on Friday that it had successfully generated positive cash flow in the fourth quarter of 2021 thanks to steady growth in performances and attendances over the period.
Read moreSunday newspaper round-up: Omicron, Cineworld, Imagination Technologies
19th Dec 2021 17:51
(Sharecast News) - Omicron may yet force the health secretary to impose tougher Covid restrictions in England before Christmas. In remarks to the BBC's Andrew Marr Show, Sajid Javid said: "there's a lot of uncertainty, there are gaps in the data, but we must work with the data we've got, we mustn't let perfection be the enemy of the good." The government's Sage committee has warned that hospitalisations might peak at between 3,000 and 10,000 per day unless action is taken. - Guardian
Read moreCineworld ordered to pay Cineplex CAD $1.28bn in damages
15th Dec 2021 07:09
(Sharecast News) - Cinema operator Cineworld has been ordered to pay Canadian theatre company Cineplex CAD $1.28bn (£751.57m) in damages and lost transaction costs in relation to its proposed acquisition of the Toronto-based firm.
Read moreCineworld revenues recovering amid 'excellent' film slate
15th Nov 2021 07:51
(Sharecast News) - Cineworld said on Monday that box office and concession revenues in October were at 90% of pre-Covid levels as "an excellent slate of films" drove a recovery.
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