In addition, the Canadian court denied Cineworld’s counterclaim. “We are pleased that the Court found Cineplex acted properly throughout this difficult period in our history,” said Cineplex CEO Ellis ...

The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...

Canadian movie theater chain Cineplex Inc. has approached lenders to its bankrupt rival Cineworld Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group ...

Cineworld is looking to sell its remaining US-based Regal locations, it said in a filing this week. The company has reached out to 30 potential buyers, including many competitors. Locations that have ...

Cineworld, a major player in the U.K. cinema market, has revealed plans to close six of its locations as part of a broader Restructuring Plan (RP) aimed at revitalizing the company’s financial health.

Regal owner Cineworld has called off its planned $2.1 billion takeover of Canadian exhibitor Cineplex, which would have created one of the world's largest cinema companies with more than 11,200 ...

Beleaguered multinational cinema operator, Cineworld says that it anticipates exiting the U.S.’s Chapter 11 bankruptcy system in the first half of this year. The company revealed Tuesday that it has ...

Crisis-hit Cineworld says it has received a "number" of proposals for some or all of its business but none of them involve an all-cash bid for the entire company. The world's second-largest cinema ...

Exhibition giant Cineworld, which filed for Chapter 11 bankruptcy in the U.S. last September, has said it will not sell off any of its assets individually, and has clarified that neither it nor its ...

A US bankruptcy court has approved Cineworld for first day relief following the company’s Chapter 11 filing on September 7. As part of the motion, the Court today granted the Cineworld group approval ...