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

Ryan Dinsdale, IGN Movies
Fri, 08/19/2022 - 7:01am

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

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