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The Latest Breaking News from Cineworld

Cineworld confirms it is considering bankruptcy as it struggles with debts in US

The cinema chain is going through struggles with almost $5 billion of debt.

Irish Mirror

Cineworld staff reassured as cinema chain confirms it is considering bankruptcy

It could come as part of a restructuring of the business which is struggling under heavy debts

Wales Online

Cineworld confirms it is considering bankruptcy

The cinema chain operates 127 sites in the UK and employs 28,000 staff globally

Liverpool Echo

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Cineworld considering bankruptcy but no 'significant impact' on jobs

Bosses at the world’s second-largest cinema chain said its theatres would continue to trade

Birmingham Post

Cineworld confirms it is looking at filing for bankruptcy in US

Chain, which accumulated £4bn debt in pandemic, says cinemas would stay open and staff be unaffected

The Guardian - UK

Cineworld heads to US bankruptcy filing as debt woes mount

UK insolvency now possible -- company declines comment

Evening Standard

UK inflation ‘to hit 18%’ as energy bills rocket; recession fears hit markets – as it happened

Rising cost of living is “entering the stratosphere” says Citi, which forecasts energy price cap could rise to £5,816 per year in April.

The Guardian - UK

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FTSE 100 Live: Inflation set to top 18%, Cineworld updates on debt battle, markets under pressure

More alarm bells were sounded over the state of the UK economy this morning after major investment bank Citi warned inflation could grow to as high as 18.6% next year.

Evening Standard

Cineworld Nears Bankruptcy as Theater Comeback Lags

Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar with the matter.

Bangkok Post

Community appeals to cinema's owners as 'rare gem' remains closed

Woolton Picture House announced it would reopen in 2022 but it has not happened yet

Liverpool Echo

The Cineworld cinemas in the South West that could be affected by reports of bankruptcy

The chain said that it was 'assessing options to shore up its finances'

Bristol Post

Fears over future of Nottingham Cineworld after reports chain close to bankruptcy

"We will miss it if it does go"

Nottingham Post

Cineworld preparing to file for bankruptcy with 128 UK cinemas at risk of closure

Thousands of jobs in the UK could be at risk after weeks of bad news for Cineworld including a tumbling share price.

Daily Record

Iconic Edinburgh cinema could be at risk as Cineworld 'prepare for bankruptcy'

Originally an independent cinema, the Edinburgh Cameo venue was bought over in 2012 by the Picturehouse chain, which is owned by major firm Cineworld.

Edinburgh Live

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Los Angeles Times

Facing a bleak box office, theater owners struggle under debt loads

LOS ANGELES — The box office bounty of "Top Gun: Maverick" now feels long past for the world's biggest cinema operators.

Liverpool Echo

Cineworld to file for 'bankruptcy' after 'weak' audience numbers

Shares in the cinema chain plummeted by two-thirds within minutes of the news being reported

Chronicle Live

Cineworld Group reportedly preparing for bankruptcy amid 'weaker than expected' audience numbers

The cinema chain has branches in Newcastle city centre, Boldon in South Tyneside and Dalton Park in County Durham

Birmingham Post

Cineworld bankruptcy reports see cinema chain’s shares plummet

The world’s second-biggest cinema business declined to comment on reports it is preparing to file for bankruptcy "within weeks"

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Glasgow Live

Cineworld set to file for bankruptcy 'within weeks' amid 'weak audience numbers'

The chain operates three cinemas in the Glasgow area, including the iconic Renfrew Street multiplex theatre in the city centre, which has dominated the city's skyline since it opened in 2001.

Nottingham Post

Cinema chain Cineworld ‘to file for bankruptcy within weeks’, reports suggest

The company has declined to comment

Manchester Evening News

Cineworld cinemas could be at risk as company 'preparing to file for bankruptcy', according to reports

The entertainment giant's market value has plummeted due to the fallout from the pandemic

Evening Standard

Over a dozen London cinemas risk closure as Cineworld reportedly preparing for bankruptcy

London’s Picturehouse theatres could also be at risk

Daily Mirror

Cineworld: Over 100 cinemas across UK under threat as major chain to file for bankruptcy

The cinema chain Cineworld is preparing to file for bankruptcy. The company currently has thousands of employees and screens in the UK, with over 100 cinemas across the country

Evening Standard

Cineworld shares crash on bankruptcy report

Heavily indebted London based company said to be preparing for Chapter 11

The Guardian - UK

Cineworld preparing to file for bankruptcy after pandemic rout

London-listed company, which operates 751 sites in 10 countries, has run up debts of more than £4bn

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