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Cineworld Says New Environmental Committee Established
Cineworld Says Group Generated Positive Cash Flow In Q4 2021
Cineworld Group Provides Update On Cineplex Inc. Litigation
Cineworld Group plc (Cineworld) is a United Kingdom-based international cinema chain. The Company is operating in approximately 10 countries with around 787 sites and 9,500 screens. Cineworld operates in the United Kingdom (UK), Ireland, Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania, Israel and the United States (US). The Company operates in the following segments: the US; the UK and Ireland (UK&I) and the rest of the world (ROW). The US segment includes three cinema chain brands Regal, United Artists and Edwards Theatres. UK&I segment includes two cinema chain brands, Cineworld and Picturehouse. The ROW operating segment includes the cinema chain brands Cinema City in Central and Eastern Europe territories, and Yes Planet and Rav-Chen in Israel. The ROW reporting segment also includes Poland, Romania, Hungary, the Czech Republic, Bulgaria, Slovakia and Israel. The Company's subsidiaries include Crown UK Holdco Limited, Augustus 1 Limited and Cinema City Holding B.V.
8th Fl, Vantage London, Great West Road
Non-Executive Independent Chairman of the Board
Moshe Joseph Greidinger
Chief Executive Officer, Executive Director
Deputy Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Chief Compliance Officer, Executive Director
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Cineworld shares plunged by 40% on Wednesday after the British cinema operator was ordered to pay C$1.23 billion ($957 million) in damages to rival Cineplex for abandoning a planned takeover, a decision it said it would appeal.
Cineworld Group will appeal a ruling by a Canadian court to pay C$1.23 billion ($956.68 million) to rival Cineplex as damages for scrapping a takeover deal, the British cinema operator said on Wednesday.
European stocks held close to record highs on Monday with technology stocks leading the charge, as investors counted on strength in corporate earnings to keep the market momentum going.
Cineworld said on Monday its UK reopening weekend had topped expectations as animated comedy "Peter Rabbit 2" drew crowds after months of lockdown, in a promising sign for the cinema industry ahead of the release of summer blockbusters.
Cineworld, owner of the U.S. Regal cinema chain, secured an additional $750 million in funding on Monday to cushion itself against the impact of the coronavirus as it aims to reopen next year.
Cineworld <CINE.L>, the world's second-biggest cinema chain, will close its UK and U.S. movie theaters this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it fights to survive a coronavirus collapse in film-making and cinema-going.
Cineworld Group said on Monday it would temporarily shut its movie theatres in the United States and the UK, a move that would impact 45,000 jobs, as it deals with a significant downturn in the industry brought on by the coronavirus crisis. (Reporting by Muvija M in Bengaluru...
Cineworld <CINE.L>, the world's second-biggest cinema operator, said it was considering temporarily closing all its screens in the United States and Britain after studios pulled major releases such as the latest James Bond film.
AMC Entertainment Holdings Inc <AMC.N> said on Thursday it has delayed the reopening of its movie theaters in the United States to mid to late August, in alignment with the new release dates of Disney's "Mulan" and Christopher Nolan's thriller, "Tenet".
Canadian movie theater operator Cineplex Inc <CGX.TO> said on Friday it would sue Cineworld Group Plc <CINE.L>, seeking damages after the British company "wrongfully" scrapped its $1.65 billion buyout deal last month.
Cineworld <CINE.L> on Tuesday delayed the reopening of its cinemas in the United States and Britain until the end of July, citing changes to the release schedules for some of the big summer movies.
Cineworld Group said on Tuesday it would reopen its cinemas in the United States and Britain from Friday 31st July, while following any changes to regulations or guidance from public health officials.
* CINEWORLD GROUP PLC - HAS AGREED WITH A GROUP OF PRIVATE INSTITUTIONAL INVESTORS TERMS OF A NEW $250M SECURED DEBT FACILITY WITH A MATURITY OF 2023 Source text for Eikon: Further company coverage:
Cineplex Inc <CGX.TO> said on Friday it adopted a shareholder rights plan, popularly known as a "poison pill", nearly a week after Britain's Cineworld Group Plc <CINE.L> abandoned its $1.65 billion deal to buy the Canadian theater chain.
* Rival AMC also looking to restart next month (Recasts, adds details on reopenings, shares)
British cinema operator Cineworld Group Plc said on Tuesday that some of its theatres would reopen in the last week of June and expected all of them to reopen by July with safety measures, including enhanced sanitation procedures across all sites.
Britain's Cineworld Group Plc <CINE.L> said on Friday it abandoned its $1.65 billion deal to buy Cineplex Inc <CGX.TO>, citing what it termed the Canadian company's breaches in the merger agreement between the cinema operators.
Britain's Cineworld Group Plc said on Friday it abandoned its deal to buy Canada's Cineplex Inc, citing breaches in the merger agreement between the cinema operators.
* CINEWORLD GROUP PLC - COVID-19 UPDATE AND SUSPENSION OF DIVIDEND
* CO, PICTUREHOUSE ANNOUNCE CLOSURE OF ALL CINEMAS ACROSS UK STARTING FROM 18 MARCH, AND IRELAND STARTING 17 MARCH UNTIL FURTHER NOTICE
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