Business

In response to recent speculation, Cineworld has provided an update to its August 17 announcement regarding an evaluation of strategic options to both obtain additional liquidity and potentially restructure its balance sheet through a comprehensive deleveraging transaction. Reiterating that Cineworld’s theaters, including the Regal chain in the U.S., are “open for business as usual and
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Cineworld has confirmed it may file for bankruptcy in the US, days after its shares nose-dived over reports the world’s second largest cinema chain was in difficulties. The UK-based company, which globally employs around 28,000 people across 751 sites in 10 countries, said it was considering options for how to restructure the business as it
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SAG-AFTRA‘s national board voted overwhelmingly today to approve a new agreement with the AMPTP that will sharply limit exclusivity terms in actors’ personal service agreements that hold series regulars off the market and unable to work for unreasonably long periods of time. The vote was 95.5% in favor, 4.5% opposed, and does not require membership
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Spiralling energy costs are driving cafes, restaurants and independent shops all around the country to the edge of survival, according to an industry body. The Federation of Small Businesses director Martin McTague told The Independent that soaring bills, combined with reduced consumer spending as shoppers grapple with their own household bills, is forcing thousands of
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Universal Studios Hollywood finalized the lineup today for its popular Halloween Horror Nights with the announcement that its “Terror Tram” has expanded to include a cinematic twist on Jordan Peele’s Us. The new element will involve The Tethered, a revolutionary army of vengeful doppelgängers who terrorize visitors to the Jupiter’s Claim set from the filmmaker’s
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