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Cineworld & CEO To Be Fined By Israeli Court Over Local Distribution Matter
Cineworld and its CEO, Mooky Greidinger, have been found guilty by an Israeli court of infringing merger conditions dating back to 2010 over the supply of films to a movie theater in Tel Aviv. A suit brought by the local competition authority argued that Cineworld's local distributor, Forum Film, did not provide eight…
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Cineworld Pulls ‘The Lady Of Heaven’ From UK Theaters Following Protests
Exhibitor Cineworld has pulled all screenings in the UK of The Lady Of Heaven, a film about the daughter of the Prophet Muhammad which sparked protests at some theaters. A Cineworld statement said, “Due to recent incidents related to screenings of The Lady Of Heaven, we have made the decision to cancel upcoming…
Cineworld CCO Renana Teperberg Talks Theatrical Outlook, Priorities & More – CinemaCon
EXCLUSIVE: Cineworld’s Chief Commercial Officer Renana Teperberg is receiving CinemaCon's Global Achievement in Exhibition Award in Las Vegas on Monday. The executive has spent essentially her entire career in the business, starting with the group as a cashier in a Jerusalem movie theater and rising through various…
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Oscars: Cineworld Chief Mooky Greidinger On “Disconnected” Academy: “The King Is Naked!” – Guest Column
Editor’s note: Mooky Greidinger is CEO of the world's second-largest exhibitor, Cineworld, which also owns Regal in the U.S. A staunch supporter of the theatrical experience, Greidinger grew up in the industry and is avowedly passionate about the movie business. But as Oscars weekend arrives, he is confounded by the A…
Cineworld Boss Mooky Greidinger Optimistic For A “New Normal”, Talks Ticket Prices, Reducing Debt & More
Exhibition giant Cineworld reported its full-year 2021 earnings on Thursday morning in London, showing sharply narrowed losses and vastly improved revenues versus 2020. CEO Mooky Greidinger is bullish on the the outlook for the world's second-largest exhibitor, which also owns Regal in the U.S., as the company…
Regal Owner Cineworld Reports 2021 Improvement As Revenues Rise & Losses Narrow
Cineworld Group, the world's second-largest exhibitor and owner of Regal in the U.S., saw significant improvement in 2021 versus 2020, as revenues rose by nearly 112% to $1.805 billion, the company said this morning as it reported full-year results in London. Operating profit also rebounded, reaching $15.8 million, up…
Cineworld Touts Record UK Day With Discounted Tickets Attracting Fans, Company Says
Cineworld has enjoyed a record-breaking day in the UK on its inaugural Cineworld Day, according to the exhibitor.
A mixture of films old and new in a variety of formats, as well as a low price offer of £3 ($4) per ticket, attracted a total of 650,000 admissions across more than 100 Cineworld and Picturehouse sites in…
Cineworld Sees Positive Cash Flow In Q4 2021 As October & December Near 2019 Levels
Powered by a slate of major tentpoles including Sony/Marvel’s Spider-Man: No Way Home and MGM/Eon/Universal’s No Time To Die, Cineworld Group reports it generated positive cash flow for Q4 2021. The world's second largest exhibitor, which owns Regal in the U.S., did not disclose dollar amounts, but released a trading…
AMC Entertainment CEO Adam Aron Sees “Opportunity” In Regal Legal Woes – Is There?
AMC Entertainment CEO Adam Aron said a Canadian court ruling requiring its biggest rival to pay a hefty fine is an "opportunity," leaving Wall Street and AMC's own legion of retail investors wondering what he meant.
Last summer, in the midst of the pandemic, Cineworld, the UK-based parent of Regal Cinemas, scrapped a…
Cineplex Wins Lawsuit Against Cineworld In Scrapped Acquisition Deal; Damages Of Nearly $1B Awarded
UPDATED: Cineplex today announced that it had prevailed in its lawsuit against Cineworld Group. The case centered on a deal in which Cineworld was to have acquired Canadian exhibitor Cineplex. The Ontario Superior Court of Justice has now ruled that Cineworld “repudiated the transaction to acquire Cineplex.” As a…
Cineworld Reports Positive Cash Flow In October As Revenues Hit Pandemic High
"There are real grounds for optimism in our industry," Cineworld CEO Mooky Greidinger beamed today as the world's second largest exhibitor issued a trading update. The company reached "an important milestone" in its recovery, generating positive cash flow in October, it said in the statement. Although it didn't get…
As ‘No Time To Die’ Ignites International Box Office, Exhibition Looks To A Bright Big Screen Future – CineEurope
Following last year's cancelation and this year's postponements, the annual CineEurope convention kicks off today in Barcelona. And what better time for studios and overseas exhibition to come together and celebrate the theatrical experience as we come off of a banner international box office weekend led by…
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