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Regal Parent Cineworld “Open For Business As Usual” Amid Bankruptcy Talk;...

Cineworld, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options. The...

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Regal Parent Cineworld Files For Bankruptcy

The shoe finally fell today as giant theater chain Cineworld filed for Chapter 11. The bankruptcy includes a $1.94 billion debtor-in-possession financing facility from existing lenders to keep things...

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Cineworld Bankruptcy’s Impact On Imax Is Blunted By Nature Of Lease Deals,...

Imax Corp. CFO Natasha Fernandes said the company is “not exposed as much” as other business partners of Cineworld to the Regal Cinemas parent’s bankruptcy filing. The No. 2 global exhibitor made the...

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Sparks Fly Over Cineworld Bailout, But Judge Says: “I’m Not Going To Sleep...

A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the Regal...

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Cineworld Shares Rise As Bankrupt Chain Gets Access To $785 Million In Financing

Shares of Cineworld rose Friday after a U.S. Bankruptcy Court judge granted Regal Cinemas’ parent Cineworld immediate access to up to approximately $785 million of a financing facility, providing...

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Regal Closes 12 U.S. Cinemas As Parent Cineworld Grapples With Bankruptcy

No surprise here, but we hear Regal has shuttered 12 of its 542 multiplexes as parent company Cineworld remains in Chapter 11 bankruptcy. Those 12 include Anaheim Hills 14, Calabasas Stadium 6,...

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Family Feud: National CineMedia Sues Regal For Breach Of Contract, Says...

National CineMedia is suing Regal Cinemas, one of its founding partners, for hiding behind Chapter 11 to cancel a longstanding and legally binding contract – a twist in the bankruptcy saga of Regal...

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AMC Entertainment Talked With Regal Parent Cineworld About Acquiring Theaters...

AMC Entertainment said it held talks with lenders about potentially acquiring theaters from the portfolio of bankrupt rival Cineworld, which owns Regal Cinemas. In an SEC filing, the exhibitor said the...

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Cineworld Bankruptcy Judge Tells Regal Parent To Fast-Track Theater Closings,...

Judge Marvin Isgur on Wednesday told parties to the Cineworld bankruptcy that they need to speed things up as debtors and creditors hash out a restructuring plan for the giant movie chain, including...

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Regal Shuttering High-Profile Sherman Oaks, Union Square Theaters Among...

Regal parent Cineworld is rejecting the leases of three dozen more theaters as part of its ongoing bankruptcy proceeding, including some major locations. In filings this week, the theater chain...

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Regal Parent Cineworld Has Reached Out To 30 Potential Buyers As It Pursues...

Regal parent Cineworld said it’s opted to pursue a sale of assets and the process “is well under way” with non-binding bids due February 16. The company said in a bankruptcy filing this week that it’s...

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Bankrupt Cineworld Says It Had Lowball Bids “For All Or Some” Assets; Hopes...

Bankrupt Regal parent Cineworld said it had multiple bids for all or some of its assets in initial expressions of interest due last week. Its business includes Regal in the U.S.; Cineworld and...

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