U.K. theater chain Cineworld Group has decided not to go ahead with the planned redundancies first announced last week after all their sites, including Picturehouse screens, shuttered due to the coronavirus crisis.
Coronavirus: Regal Owner Cineworld Reveals Measures To Reduce Impact, Claims Group Admissions Not Affected So Far
06.03.2020 - 14:21 / deadline.com
By Andreas Wiseman
International Editor
Regal-owner Cineworld has updated on the current impact of coronavirus on its businesses.
In a statement to market today, the exhibition giant said, “Given the impact that COVID-19 is having on the broader markets, we feel it is important to update our shareholders on current trading. Thus far, we have not observed any material impact on our movie theatre admissions due to COVID-19. Following an increase in admissions in the first two months of the year
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