Regal Cinemas owner Cineworld preparing to file for bankruptcy: report

Fox’s upcoming anthology Accused has upped the star power of its cast.

The debt-riddled Regal Cinemas owner Cineworld Group on Wednesday filed for Chapter 11 bankruptcy in the U.S. In a statement, the troubled London-based cinema chain said it was setting up “a $1.94 billion debtor debtor-in-possession financing facility from existing lenders which will help ensure Cineworld’s operations continue in the ordinary course while Cineworld implements its reorganisation.” The filing the United States Bankruptcy Court for the Southern District of Texas covers multiple subsidiaries of Cineworld, which operated 505 theaters in the U.S.

Manori Ravindran International Editor It’s Timothée Chalamet Day in Venice. This isn’t a national holiday, but perhaps it should be. It’s just past 1:30 p.m. outside the Venice Film Festival’s Sala Casino, and a crowd of youth have set aside work and school commitments to travel into the Lido to catch a glimpse of the American superstar arriving for a press conference. Every generation has their movie star heartthrob — from Jonathan Taylor Thomas to Brad Pitt in the ’90s and Robert Pattison at the dawn of the Twilight movies. For many young women, Chalamet represents the pinnacle of Gen Z cool. The Chalamet stans arrived as early as 7 a.m. on Friday to catch a glance of Timothée. They are, not surprisingly, mostly female. They describe their favorite performances as “Call Me By Your Name” and “The King” but are mostly drawn to Chalamet because of his kind and friendly nature.

Welcome to Deadline’s International Disruptors, a feature where we shine a spotlight on key executives and companies outside of the U.S. shaking up the offshore marketplace. As the Venice Film Festival kicks off today, we’re speaking with RAI Cinema CEO Paolo Del Brocco about some of the company’s 24 titles featuring in the festival this year as well as his ongoing challenge to lure Italian audiences back into the cinema after a rocky post-pandemic period. 

Rachel Recchia and Gabby Windey's villains did not want to face the music. On Monday's «Men Tell All» special neither Hayden Markowitz nor Chris Austin made an appearance, and this season's leading ladies had a lot to say about it.«I'm not surprised that Hayden didn't show up tonight,» Rachel told ET. «I really think that everyone was able to see his character during the show.

The Beatles were discovered by Brian Epstein in 1961 in Liverpool, UK, after he took an unexpected visit into the city's Cavern Club. His tutelage kickstarted the Fab Four's incredible career that spanned the globe and decades of success. Hugh Jackman ENDS truce with Deadpool's Ryan ReynoldsChris Evans discusses the end of Captain AmericaHulk Hogan shares funny story about Sylvester StalloneTrailer: Kit Harington stars in BBC drama GunpowderShark attack: Seal escapes the jaws of great white sharkInglourious Basterds: Brad Pitt stars in trailer in 2009CoD: Modern Warfare II teaser for Marina Bay Grand PrixJohn Wick: Keanu Reeves returns for third chapterStar Wars: The Last Jedi alternative opening'Gentlemen Prefer Blondes' trailer (1953)Quentin Tarantino cements his place in HollywoodHeat: Robert De Niro and Al Pacino star in 1995 trailerMario Kart 8 Deluxe Booster Course Pass Wave 2 trailerScoob! Holiday Haunt Director discusses film in JulyRichard Harris does hilarious Marlon Brando impressionPaul O'Grady pays tribute to Cilla BlackBut Epstein, who died 55 years ago this week on August 27, 1967, reportedly held a strong infatuation with one of the band's biggest stars: John Lennon.

Cineworld, the world’s second largest cinema chain, faces fresh uncertainty after its second largest shareholder cut its stake, causing shares to fall in value for a second day.

Dr. Darcy Sterling recapped the Monday, August 22, episode of The Bachelorette with Us Weekly, suggesting Gabby Windey may be headed for heartbreak with Johnny DePhillipo and hinting Rachel Recchia could have more bumps with Tino Franco’s parents if something doesn’t change.

Hollywood through such pictures as An American in Paris, Cover Girl, and Brigadoon. Hulk Hogan shares funny story about Sylvester StalloneTrailer: Kit Harington stars in BBC drama GunpowderShark attack: Seal escapes the jaws of great white sharkInglourious Basterds: Brad Pitt stars in trailer in 2009CoD: Modern Warfare II teaser for Marina Bay Grand PrixJohn Wick: Keanu Reeves returns for third chapterStar Wars: The Last Jedi alternative opening'Gentlemen Prefer Blondes' trailer (1953)Quentin Tarantino cements his place in HollywoodHeat: Robert De Niro and Al Pacino star in 1995 trailerMario Kart 8 Deluxe Booster Course Pass Wave 2 trailerScoob! Holiday Haunt Director discusses film in JulyRichard Harris does hilarious Marlon Brando impressionPaul O'Grady pays tribute to Cilla BlackDame Shirley Bassey sings at Bruce Forsyth tributeLawrence of Arabia: Peter O'Toole stars in trailer for 1962 filmBut it was the 1952 picture Singin' in the Rain that gained a permanent spot in cinematic history.

considering bankruptcy in the U.S. as one of several “strategic options to both obtain additional liquidity and potentially restructure its balance sheet.”The world’s second-largest movie theater chain, responding to a report published in Friday’s Wall Street Journal, said that it remains “in discussions with many of its major stakeholders including its secured lenders and their legal and financial advisers.” The company also stressed that its theaters “are open for business as usual and continue to welcome guests.”Last Wednesday, the company announced that it was in the midst of a liquidity crisis exacerbated by what it called lower-than-expected ticket sales over the last several months due to limited new studio content.

Naman Ramachandran After reports last week saying that debt-laden exhibition giant Cineworld was considering bankruptcy, the group has issued a statement revealing a possible Chapter 11 filing in the U.S.“In response to media speculation, Cineworld is today providing an update to its announcement on 17 August 2022 regarding an evaluation of strategic options to both obtain additional liquidity and potentially restructure its balance sheet through a comprehensive deleveraging transaction,” Cineworld, which which owns Regal Cinemas in the U.S., said on Monday.“Cineworld and Regal theaters globally are open for business as usual and continue to welcome guests and members. The strategic options through which Cineworld may achieve its restructuring objectives include a possible voluntary Chapter 11 filing in the United States and associated ancillary proceedings in other jurisdictions as part of an orderly implementation process.

As many as 128 cinemas in the UK could be at threat of closing after it was revealed Cineworld is preparing to file for bankruptcy with weeks.

COVID pandemic.The London-listed company, which operates 751 sites in 10 countries including the Cineworld and Picturehouse chains in the UK, ran up debt of more than £4billion ($4.8billion) after its cinemas were closed during the global health crisis.News of the chain’s bankruptcy, as first reported in The Wall Street Journal, has contributed to its share price dropping from 20p to 2p.

Wall Street Journal on Friday.The news comes after Cineworld’s stock price dropped by more than half on Wednesday, which itself came after reporting lower-than-expected ticket sales. Shares were trading at £9.50 on the London Stock Exchange, down from £20.80 at market close on Tuesday.“Despite a gradual recovery of demand since re-opening in April 2021, recent admission levels have been below expectations,” the company said in an update on Wednesday.

Naman Ramachandran Debt-laden exhibition giant Cineworld is filing for bankruptcy after admitting to low admissions, according to reports. The company, which owns Regal Cinemas in the U.S., has hired lawyers from Kirkland & Ellis LLP and consultants from AlixPartners to advise on the bankruptcy process, the Wall Street Journal said, citing people familiar with the matter.

Cineworld, the globe’s second-largest exhibitor and owner of Regal Cinemas, is preparing to file for bankruptcy within weeks, according to reports in the Wall Street Journal.

Brad Pitt allegedly told Angelina Jolie one of her children "looked like a f****** Columbine kid", according to an FBI report. A 53-page report, which has been heavily redacted, tells Angelina's version of events from the family's private jet trip on September 14, 2016, as they headed back to the US from France, during which Brad was said to have been involved in an alleged altercation with his son Maddox, then 15, which he was later cleared of any wrongdoing for by the FBI.

the legal wrangling between the Hollywood stars starting in 2016 and still going strong. Progressing over the course of years, the not-so-amicable split has seen some twists and turns, involving everything from a bitter winery dispute to allegations of domestic abuse on the part of Brad Pitt. It’s that last accusation that has come up in the news yet again, as a newly released FBI report over the infamous plane incident with Pitt could impact the ongoing proceedings.

$3 billion in 2020 and nearly $710 million before tax in 2021. While 2022 has produced several box office hits, the volume of wide releases is far below pre-pandemic years.

Naman Ramachandran Exhibition giant Cineworld has revealed lower than expected cinema admissions, which could potentially lead to equity dilution, going forward.In an update on Wednesday on its current trading, liquidity position, capital structure and the ongoing impact of the COVID-19 pandemic on the group, Cineworld said: “Despite a gradual recovery of demand since re-opening in April 2021, recent admission levels have been below expectations. These lower levels of admissions are due to a limited film slate that is anticipated to continue until November 2022 and are expected to negatively impact trading and the group’s liquidity position in the near term.”Admissions for the group climbed from 54.4 million in 2020 to 95.3 million in 2021.