Regal Cinemas Parent’s Stock Craters 50% Amid Lower-Than-Expected Ticket Sales and Debt Woes

K.J. Yossman Nicely Entertainment has tapped ex-TF1 exec Rachel Siegenthaler for vice president of international sales. Siegenthaler will remain in Paris for the newly-created role, which will be focused on expanding L.A.-based Nicely’s European presence. The role will include responsibility for EMEA and Asia sales and co-productions, which include ten movies set to debut at Mipcom next month. The Mipcom slate includes “Cloudy with a Chance of Christmas” (pictured above), “A Christmas to Treasure,” “A Royal in Paradise” and “Baked with a Kiss” as well as family documentary “Beyond the Reef,” which introduces audiences to the Great Barrier Reef. The feature, which is set to be released in IMAX, is narrated by Shuang Hu.

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. 

Joe Otterson TV Reporter “The Summer I Turned Pretty” Season 2 at Amazon has cast Kyra Sedgwick and Elsie Fisher in recurring roles. Variety exclusively reported that the show based on Jenny Han’s book series of the same name was renewed for a second season before Season 1 had premiered. Season 2 is currently in production but no premiere date has yet been set. “The Summer I Turned Pretty” is described as a multigenerational drama that hinges on a love triangle between one girl and two brothers, the ever-evolving relationship between mothers and their children, and the enduring power of strong female friendships. It is a coming-of-age story about first love, first heartbreak, and the magic of that one perfect summer.

Amazon’s The Summer I Turned Pretty adds Kyra Sedgwick and Elsie Fisher to its Season 2 cast in recurring roles. Details regarding their characters are under wraps.

DaBaby‘s concert is not moving forward.

The Vanderpump Rules drama involving exes Katie Maloney and Tom Schwartz has spilled over to the rest of the cast — and it all came to a head at Scheana Shay‘s wedding to Brock Davies!!

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.

Another season of anything less than Paradise. ABC dropped a wild trailer for the upcoming eighth season of Bachelor in Paradise during Gabby Windey and Rachel Recchia’s The Bachelorette: Men Tell All special on Monday, August 29.

, and appears to have just planted a major flag firmly on Team Millennial with her fresh do. The hairstylist Andrew Fitzsimons posted a short video of her new look to Instagram, where she is proudly rocking a side part and choppy layers that are screaming “Rachel Green.”That's right, folks. Kourtney Kardashian appears to be bringing back the Rachel—the iconic mid-’90s haircut named for Jennifer Aniston’s character on Friends—that was once ubiquitous but hasn't been seen on a celebrity since the early 2000s.

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.

That’s her man — and she wants the world to know! Rachael Kirkconnell clapped back at a sports announcer who incorrectly claimed that her boyfriend, Matt James, was “single” numerous times during a recent celebrity basketball tournament.

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.

Cineworld,, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options.

The Wall Street Journal reported, citing unnamed sources. The London-headquartered Cineworld is expected to file for chapter 11 bankruptcy in the US and is mulling filing an insolvency proceeding in the UK, according to the report.Cineworld and Alix Partners declined to comment.

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.

Liam Delap had a 'gut feeling' that he should join Stoke City on loan, despite the Manchester City striker having plenty of other clubs interested in his services.

The only thing better than a star showing off their big peen is hearing about a star having a big peen.