Cineworld on verge of collapse planning to file for bankruptcy in the UK and US
https://metro.co.uk/2022/08/19/cinew...drop-17212331/
The chain boasts 751 sites with 9,000 screens in 10 countries.
Despite this, the company’s market value has more than halved and it faces debt of more than £4 billion after profits plummeted during the pandemic.
Bosses recently blamed a lack of blockbuster films for lower-than-expected audience numbers.
The group had pinned its hopes on releases such as Top Gun: Maverick, The Batman and Thor: Love And Thunder to aid its recovery.
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Who goes to the cinema these days?