Regal-Owner Cineworld Unveils UK Restructuring With Job Cuts, Theatre Closures
THR, Esq. 2024-07-26
Summary:
Regal-owner Cineworld plans to close six movie theaters, cut jobs and renegotiate rents as part of a court-directed restructuring of its UK circuit. “We are implementing a restructuring plan that will provide our company with a strong platform to return our business to profitability, attract further investment from the group, and ensure a sustainable […]