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 […]

Link:

https://www.hollywoodreporter.com/business/business-news/regal-owner-cineworld-uk-restructuring-1235959453/

From feeds:

Music and Digital Media » THR, Esq.

Tags:

business

Authors:

Etan Vlessing

Date tagged:

07/26/2024, 21:15

Date published:

07/26/2024, 17:53