Regal

Exhibition

Cineworld Nears Bankruptcy

March 15, 2020 FilmTake Comments Off on Cineworld Nears Bankruptcy

As the coronavirus threatens to close movie theaters in the US and beyond, Cineworld has warned that there is “significant doubt about the group’s ability to continue as a going concern.”

Exhibition

Cinema Consolidation

December 26, 2019 FilmTake Comments Off on Cinema Consolidation

British film exhibitor Cineworld is now the largest theater chain in North America after buying out Canada’s Cineplex for $2.1 billion, which was a whopping 42% premium.

Exhibition

Hollywood Set to Own Theaters Again

November 20, 2019 FilmTake Comments Off on Hollywood Set to Own Theaters Again

The Department of Justice in the United States is preparing to allow Hollywood studios to own film theaters once again. This decision would reverse 70 years of anti-trust law that was implemented in 1948, which is known as the Paramount decrees.