For Film Fans Cineworld, world’s second largest cinema chain, is preparing to file for bankruptcy. London-listed, it ran up debt of £4 billion after losses soared during the pandemic lockdown. It has hired lawyers and consultants to advise on the restructuring process.
@Grouse_Beater Maybe if they did the £5 ticket like their competitors do. One of my sons likes going to the cinema but it's always the Vue. People don't have the spare cash now, especially if buying tickets for a whole family.
@Grouse_Beater They need to bring back memberships, value deals, and reduce ticket admission. I’m a showcase fella out of price necessity, when Cineworld’s easier to get to.
@Grouse_Beater They,ll close tae heat n eat wins if u can afford.
@Grouse_Beater Guessing no recovery possible with this energy market.
@Grouse_Beater "It has hired lawyers and consultants to advise on the restructuring process." racking up more debt but those will at the front of the queue of the payment order