
Cineworld to close six more cinemas as part of restructuring plan

UK-based exhibitor Cineworld is closing six more cinemas asits controversial restructuring plan comes to an end, according toJavier Sotomayor, president of Cineworld International.
The sites set to close are in Castleford, Leigh, Middlesbrough, Northampton, Poole and Weymouth.The latter will shut on December 30 while the other five sites will be closed on January 19.
Cineworld had its restructuring planapproved by the court in Septemberwhich saw rent cuts imposed on the cinemas’ landlords and underperforming sites axed. It was a plan strongly opposed by many of Cineworld’s major landlords but was ultimately approved by creditors.
The total number of Cineworld closures is now 11. In July,...
The sites set to close are in Castleford, Leigh, Middlesbrough, Northampton, Poole and Weymouth.The latter will shut on December 30 while the other five sites will be closed on January 19.
Cineworld had its restructuring planapproved by the court in Septemberwhich saw rent cuts imposed on the cinemas’ landlords and underperforming sites axed. It was a plan strongly opposed by many of Cineworld’s major landlords but was ultimately approved by creditors.
The total number of Cineworld closures is now 11. In July,...
- 12/11/2024
- ScreenDaily
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