Media | Cinema | Projection
Seen anything good at the movies lately? The answer to that question is “no” for most people in the UK, who haven’t ventured into a cinema since last year or before. While cinemas have now reopened, industry operators such as … Continued
The business said the move will provide it with the “financial and operational flexibility and resilience to execute on its business strategy as it resumes its operations”.It secured 200 million dollars worth of incremental loans from existing lenders, which will … Continued
Cineworld is facing a £1m legal challenge over allegedly not paying rents for a Southampton site.Marina Developments, a developer based in Southampton, claims that Cineworld has not paid rents and other charges since last March. Source: Cineworld faces legal challenge … Continued
The estate agent Savills and Cineworld, the UK’s biggest movie chain, have been hit by significant pay revolts by shareholders in a backlash over reward packages awarded to bosses during the pandemic. Almost 30% of investors in Britain’s largest cinema … Continued
5500 staff members across the UK have been out of work since last October. Cineworld staff members have responded to the company’s bosses’ bonus scheme, calling it “utterly despicable.” Responding to the news that Cineworld bosses would be set to … Continued
Cinemas started out as the only distribution channel for the film industry. They survived the television era by negotiating ‘theatre window’ deals with film studios whereby blockbuster films had to be shown in cinemas for up to 90 days. But … Continued
The theater chain Cineworld, which operates 787 movie theaters and some 9,500 screens across 10 countries, has announced that the summer movie season is back on. Following global shut-downs of movie venues the world over, the chain’s CEO says they … Continued
Closure of cinemas has wiped more than C$1bn from Canadian company’s value. Cineworld, the world’s second-largest cinema chain, is facing the threat of costly legal proceedings after its Canadian rival Cineplex launched action against it for pulling out of a … Continued
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Cineworld and Odeon join Vue Cinemas in indicating their plans to open their doors again in July. It’s going to be testing times for the cinema industry over the coming months, which is pretty much stating the obvious. But the … Continued