The "first day" relief requested in a U.S. bankruptcy court is "expected to provide sufficient liquidity" for it "to meet its ongoing obligations." By Georg Szalai Global Business Editor A U.S.

The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...

Regal Cinemas’ debt-ridden parent company Cineworld formally filed its reorganization plan in Texas bankruptcy court on Tuesday. The filing makes official a deal described last week that will wipe out ...

Cineworld, the U.K.-based parent company of Regal Cinemas, is making progress on a path out of bankruptcy, but that path looks to be littered with losses for landlords. With more than $5B in debt, ...

People shelter from the rain under an umbrella outside a cineworld cinema in Leicester Square in central London. (Photo by JUSTIN TALLIS/AFP via Getty Images) Cineworld’s share price has collapsed ...

Regal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its ...

Following last week’s announcement, Cineworld officially will cease trading on the London Stock Exchange at 8 a.m. BST Tuesday. “As previously announced by Cineworld, the restructuring of the Group, ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

The movie theater business was harshly affected by COVID closures, and Cineworld reportedly said ticket sales this year have been lower than anticipated Anna Lazarus Caplan is a writer-reporter for ...

Cineworld has filed for Chapter 11 bankruptcy in the United States, but the cinema giant said it doesn't expect the announcement to impact customer experience. Newsweek reported in August that ...