Comment on The World's Second Biggest Theater Chain Is Filing for Bankruptcy

The World's Second Biggest Theater Chain Is Filing for Bankruptcy

Regal Cinemas owner Cineworld is preparing to file for bankruptcy within the next few weeks, after the post-pandemic return to cinemas didn't prove as profitable as expected.As reported by The Wall Street Journal, the London-based Cineworld is expected to file for bankruptcy in both the UK and US having amassed $4.8 billion in debt.

 

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