Latest in Cineworld

Cineworld, the globe's second-largest exhibitor and owner of Regal Cinemas, is preparing to file for bankruptcy within weeks, according to reports in The Wall Street Journal. The London-based company has engaged lawyers from Kirkland & Ellis LLP and consultants from AlixPartners to advise on the bankruptcy process…

Cineworld, the globe's second largest exhibitor, today provided an update on its current trading, liquidity position and capital structure. The company, which also owns Regal in the U.S., said it is in "active discussions with various stakeholders and is evaluating various strategic options to both obtain additional…

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…

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…

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…

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…

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…

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 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…

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 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…

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…