Bankruptcy Court Grants Cineworld Immediate Access To $785 Million In Financing

The run-up to the release of “Don’t Worry Darling” has been filled with tabloid headlines about the filming of the movie, most notably over an alleged feud between Pugh and director Olivia Wilde. Meanwhile, critics have mostly panned the film with a 38% Rotten Tomatoes score.

Kim Kardashian made a runway appearance during Milan Fashion Week!

Kate Moss put on a leggy display as she stepped out at the Versace afterparty during Milan Fashion Week on Friday.  The model, 48, showed off her figure in a thigh-skimming mini dress with a halterneck and sheer mesh panels.  She flung a statement leopard print coat over on shoulder and boosted her height with a pair of perspex heels with heart shaped toes.

Kim Kardashian wears Dolce&Gabbana while heading into the fashion brand’s office on Thursday (September 22) in Milan, Italy.

Shay Mitchell and Emily Carey serve fierce looks at the Fendi Spring Summer 2023 Show during 2022 Milan Fashion Week on Wednesday (September 21) in Milan, Italy!

Caroline Framke Chief TV Critic It takes six episodes for “Dahmer — Monster: The Jeffrey Dahmer Story” (yes, that is indeed the show’s full name) to meaningfully expand beyond the scope of either the serial killer or Evan Peters’ portrayal of him. In that episode, “Silenced,” directed by Paris Barclay and written by Janet Mock and David McMillan, the story of Dahmer victim Tony Anthony Hughes comes to the forefront. Tony (played with warm charm by “Deaf U” alum Rodney Burford) was a gregarious aspiring model with a big heart. He was Deaf, Black, gay, a great dancer. His friends and mother (a moving Karen Malina White) loved him very much. With every moment Burford gets to give Tony new life, the inevitable end of “Silenced” becomes all the more harrowing, and the cops’ inaction to find the truth all the more infuriating. But as the show’s nonsensical maze of a title suggests, this episode is an exception rather than the rule. Otherwise, Ryan Murphy and Ian Brennan’s new Netflix series is a grim, sepia-toned slog that rarely justifies its own existence.

Anna Marie de la Fuente Speaking on the issue of navigating finance in 2022 and beyond at San Sebastian’s two-day Creative Investors Conference, Wild Bunch exec Cecile Gaget and 30West’s Trevor Groth took stock of the challenges ahead in a post-pandemic world. Groth observed that film production budgets have been rising as streaming platforms have been paying relatively good wages, making it harder for independents to stay competitive. Gaget agreed: “It’s getting more expensive to hire writers and crew, and the pandemic certainly didn’t help.” Groth acknowledged that selling to streamers can be a challenge. When 30West was negotiating on the sale of their phenomenal hit “Tiger King” to Netflix, they fought hard to hang on to its IP, but to no avail. “We leveraged this to get a higher sale price but we didn’t realize it was going to be such a big hit, so we lost out from not having a backend,” Groth said. However, “Tiger King” gave them the momentum to enter the documentary space.

Patrick Frater Asia Bureau Chief Disney+ and Amazon Prime Video compete for second position behind Netflix in Australia, the Asia-Pacific region’s most developed streaming market. But, increasingly, all premium SVOD suppliers are focusing on profitability rather than simple growth. A new report from consultancy and research firm Media Partners Asia, “Australia Online Video Consumer Insights & Analytics” shows that Australian consumers streamed 24 billion minutes of premium online video between January and August this year. SVOD platforms accounted for 70% of viewing time, while broadcaster-operated platforms (BVOD) claimed 30%. The numbers reflect a mixture of measured usage and a panel of viewers.

With Gavin Newsom currently holding a 27-point lead in the race for California’s top office, the Golden State governor — who continues to deny national political ambitions — is again leveraging his campaign war chest to confront Republican governors in their own states.

Ajax coach Alfred Schreuder has admitted he has been watching Manchester United's win over Liverpool as his team prepare to take on the FA Cup winners.

D23 Expo, Pixar bigwig Pete Docter announced a brand new Pixar movie, coming out in spring 2024, called “Elio.”The plot revolves around Elio, a kid who can’t exactly fit in, who accidentally makes first contact with an alien species. He’s beamed up to the “Commutiverse,” a “sparking space-city” that is like the intergalactic UN that is described as “outer space like no one has seen before.” Director Adrian Molina, who was the co-director of Pixar’s charming “Coco,” directs “Elio” solo.

Regal Cinemas owner Cineworld announced Friday that a U.S. bankruptcy court has approved its request for “first day” financial aid of up to $785 million.

Leo Barraclough International Features Editor Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related to its Chapter 11 proceedings filed on Sept. 7. The group’s companies include Regal in the U.S. The court granted the group immediate access to up to some $785 million of an approximate $1.94 billion debtor-in-possession financing facility that, together with its cash reserves and cash provided by operations, is expected to provide sufficient liquidity for Cineworld to “meet its ongoing obligations, including post-petition obligations to vendors and suppliers, as well as employee wages, salaries and benefits programs,” the company said Friday. The remainder of the DIP facility will become available following the court’s approval on a final basis.

Leo Barraclough International Features Editor Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related to its Chapter 11 proceedings filed on Sept. 7. The group’s companies include Regal in the U.S. The court granted the group immediate access to up to some $785 million of an approximate $1.94 billion debtor-in-possession financing facility that, together with its cash reserves and cash provided by operations, is expected to provide sufficient liquidity for Cineworld to “meet its ongoing obligations, including post-petition obligations to vendors and suppliers, as well as employee wages, salaries and benefits programs,” the company said Friday. The remainder of the DIP facility will become available following the court’s approval on a final basis.

A US bankruptcy court has approved Cineworld for first day relief following the company’s Chapter 11 filing on September 7, 2022.

A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the Regal Cinemas parent.

A 30-year-old woman who stalked her alternative therapist for several months has been banned from contacting the shaman for five years. Cassidy Blyth became infatuated with Tarot card reader and shamanic practitioner Brian Anderson after visiting him to relieve her stress.

“I do think the studies will get paid, like they usually do, whatever they are owed. Because we are the suppliers and that’s usually what happens,” Lionsgate vice chair Michael Burns said Wednesday of the Chapter 11 filing earlier in the day by Regal Cinemas’ parent Cineworld.