British cinema chain mulls US bankruptcy filing - Legit.ng


8/22/2022 12:00:00 AM2 years 8 months ago
by © AFP 2022

British-based cinema chain Cineworld confirmed Monday that a US bankruptcy filing is among options for the debt-laden group, which has been slammed by dwindling audience numbers. Cineworld said in an update on Monday that those options "include a possible vol…

The debt-financed acquisition of a US rival before the pandemic has put British cinema chain Cineworld in a dire situation as people haven't returned to movie theatres in numbers. Photo: Susannah Ir… [+2121 chars]

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