Latest in Mooky Greidinger

Mooky Greidinger, chief executive of Regal parent Cineworld, which is in the process of emerging from bankruptcy, made an appearance on the CinemaCon stage today saluting Regal employees and giving a shout-out to Lionsgate and The Hunger Games. Related Story Lionsgate Motion Picture Vice…

Further to its April 3 announcement that it had reached a conditional agreement with lenders to emerge from Chapter 11, Regal owner Cineworld today submitted its reorganization plan to the U.S. Bankruptcy Court for the Southern District of Texas.  In a filing to the London Stock Exchange where its…

Regal owner Cineworld has entered into a restructuring support agreement and a backstop commitment agreement with lenders that will, if approved, see it emerge from bankruptcy. The exhibition giant also noted today that it has received non-binding proposals for some or all of the group's assets but…

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 Picturehouse in the UK and Ireland; and "rest of world" cinemas in Central and Eastern Europe, and…

Mooky Greidinger, CEO of exhibition giant Cineworld, has been handed a six-month suspended prison sentence and a £23,000 ($28,000) fine by Israeli officials over a breach of anti-trust law. The suit was brought by the local competition authority which argued that Cineworld's local distributor, Forum…

Ailing exhibition giant Cineworld Group, which is currently finalizing a reorganization plan having filed for Chapter 11 bankruptcy in the U.S. earlier this month, has released encouraging interim results for the six months to June 30, 2022. Overall revenue rose to $1.5b against $292.8m in the same…

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…

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…

"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…

Of course, any kind of day-and-date release puts exhibitors in competition with the studios’ streaming services, and no doubt there’s a loss of cash in the collapse of the theatrical and PVOD window. However, the worst takeaway from dynamic windows is piracy, plain and simple. Such was the message from CinemaCon’s…