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“US movie theaters to offer $3 tickets for National Cinema Day” Coming soon to a theater near you! Select US movie theaters will offer $3 movie tickets next Saturday in honor of National Cinema Day. The one-day event was announced by The Cinema Foundation in an effort to reinvigorate interest in filmgoing after box office…
“Regal Cinemas owner Cineworld preps for bankruptcy filing” Regal Cinemas owner Cineworld is preparing to file for bankruptcy as movie theaters struggle to win back audiences after the pandemic ravaged the business, according to a report. Cineworld, which owns Regal, the second-largest US movie theater chain, has engaged lawyers from Kirkland & Ellis LLP and…
“#LA theater shooting leaves at least 1 dead during ‘The Forever Purge’ screening” A double shooting at a California movie theater left one teenager dead and another injured on Monday night. The attack happened during a Corona screening of “The Forever Purge,” the latest in a series of horror-movies about a dystopian America where murder…
“#Regal parent Cineworld in exclusive deal with Warner Bros.” Cineworld’s US chain Regal will reopen next month after prolonged closures caused by the pandemic, in time for big-budget release “Godzilla vs. Kong”, it said Tuesday as it laid out an exclusivity deal with Warner Bros. The world’s second-largest cinema operator, whose reopening plans follow larger…
“#Regal’s owner Cineworld gets $750M lifeline to avoid bankruptcy” Regal Entertainment’s UK-based owner Cineworld said Monday that it secured a financial lifeline to help it avoid a bankruptcy filing. Lenders will provide the movie-theater owner with a $450 million loan to help it keep afloat through the coronavirus pandemic. Other lenders will provide Cineworld with…
“#Regal Cinemas owner Cineworld eyes UK theater closures, rescue deal” Regal Cinemas owner Cineworld, the world’s second-largest movie theater operator, is considering a rescue deal that could spur permanent UK cinema closures. The deal, dubbed “Company Voluntary Arrangement,” would help the company weather the pandemic by restructuring and renegotiating its growing $8.2 billion pile of…
“#Regal owner Cineworld sees stock plummet after it closes movie theaters” Shares in the company that owns the Regal, Cineworld and Picturehouse movie theaters fell 36 percent after it said it will temporarily close the venues because delays to the latest James Bond film left it with few blockbusters to attract customers during the pandemic….
“#Regal-owner Cineworld to close all U.S., UK and Irish screens” Cineworld, the world’s second-biggest cinema operator, will close all its screens in the United States, Britain and Ireland this week after studios pulled major releases such as the latest James Bond film, a person familiar with the situation said. The Regal cinema owner, which began…
“#Movie theaters reduce hours as Hollywood blockbusters delayed” Movie theaters are reducing their hours as Hollywood pulls back on releasing fall blockbusters like “Wonder Woman 1984” and “Black Widow” amid the pandemic. The biggest movie theater chains — including AMC Theatres, Regal Cinemas and Cinemark — said they are beginning to limit showtimes because there…
“#Cineworld Group suffers massive first-half hit due to COVID-19” Movie theater giant and Regal owner Cineworld Group said it swung to a loss for the first half of the year as revenue plummeted amid the coronavirus pandemic, which led to global cinema closures. The UK-based theater chain also warned that there was “no certainty” about…