Cineworld

Distribution

From Blockbusters to Bust: Why the Film Industry is Fading Fast

June 4, 2024 FilmTake Comments Off on From Blockbusters to Bust: Why the Film Industry is Fading Fast

The film industry is transforming with declining revenues, reducing film output, and a shift in consumer preferences. Major studios are consolidating and struggling, while television emerges as a dominant medium. Theaters face over-leveraging challenges. Streaming services haven’t compensated for theatrical declines.

Exhibition

End of AMC Theatres?

December 3, 2020 FilmTake Comments Off on End of AMC Theatres?

The world’s largest theater chain faces imminent bankruptcy if shareholders fail to purchase 200 million new shares being offered by the company.

Exhibition

Lockdowns Threaten Cinema Survival

October 10, 2020 FilmTake Comments Off on Lockdowns Threaten Cinema Survival

Production and distribution disruptions caused by governmental lockdowns have accelerated many transformations that were well underway in production, distribution, and viewership trends.

Exhibition

Regal Shutters All 663 Theaters

October 6, 2020 FilmTake Comments Off on Regal Shutters All 663 Theaters

British exhibitor Cineworld, the parent company of Regal Cinemas in the US, said on Monday that it would shutter all 663 of its theaters in the US and the UK starting October 8th.

Exhibition

Cineworld Nears Bankruptcy

March 15, 2020 FilmTake Comments Off on Cineworld Nears Bankruptcy

As the coronavirus threatens to close movie theaters in the US and beyond, Cineworld has warned that there is “significant doubt about the group’s ability to continue as a going concern.”

Exhibition

Cinema Consolidation

December 26, 2019 FilmTake Comments Off on Cinema Consolidation

British film exhibitor Cineworld is now the largest theater chain in North America after buying out Canada’s Cineplex for $2.1 billion, which was a whopping 42% premium.