Cineworld, the struggling cinema chain, has announced it will raise new funding and has aborted plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. Cineworld saw its share price fall by nearly 30 per cent after announcing its cancelled sale plans. At the same time, the company […]
Cinema chain Cineworld, which reported severe financial difficulties in 2022, has denied it is looking to sell some of its cinemas to the owner of Odeon, one of its key rivals. Cineworld did, however, confirm it would listen to parties interested in purchasing the entire business. The rumours arose following reports in December 2022 that […]
The Cineworld Group is reportedly preparing to file for bankruptcy after failing to significantly pull audiences back in following the pandemic. Cineworld is expected to file a chapter 11 petition in the US and is considering insolvency proceedings in the UK, according to the WSJ. It is the second largest cinema chain in the world, […]
Arrow FrightFest, one of the UK’s most popular horror and fantasy film festival, is back at London’s Cineworld Leicester Square and the Prince Charles Cinema from August 25th – 29th for five days of the very best of global genre cinema. Tickets start from £15. Celebrating its 23rd blockbuster edition with 32 world, twenty-two International […]
Ampere Analysis modelling has found that, despite the diversity of models adopted by the major studio groups, US studios’ film release strategies were all similarly successful in 2021. A report by Ampere compares how the three main film release strategies used by studios in 2021 — Theatrical-only, Premium VoD, and Duplex (films available on SVoD […]
Giant screen cinema operator IMAX saw its shares rise 9 per cent in after-hours trading following better than expected results that were better than its pre-pandemic numbers. IMAX said that its latest quarter-year (to the end of December) saw a 15 per cent rise in box office to $277 million (€247.2m) and represented the company’s […]
Based on preliminary data, the European Audiovisual Observatory estimates that the cinema attendance in the European Union and the UK increased to 383.2 million tickets sold in 2021. This is 83.8 million admissions more than in 2020, representing a year-on-year growth of 28 per cent. The rebound was less pronounced in the European Union only […]
Sir Paul McCartney was joined by friends and family, including Mary McCartney, Dhani Harrison, Zak, Lee and Jay Starkey at London’s Cineworld Leicester Square, for an exclusive 100 minute preview of Peter Jackson’s new docuseries The Beatles: Get Back. Numerous music stars were in attendance to watch a special preview of the three-part docuseries, including Noel Gallagher, […]
William Hill has cut the price from 10-1 to 7-1 that the latest James Bond movie, No Time To Die becomes the highest grossing UK film of all-time. The UK’s “widest theatrical release of all time” opened in 772 cinemas in the UK and Ireland on September 30th and box office expectations are high, as […]
Disney+ has announced that Free Guy, the summer blockbuster starring Ryan Reynolds, Jodie Comer and Taika Waititi, will be available to stream on the service from September 29th. A tweet from the Disney+ UK Twitter account on September 28th confirmed the news, saying: “Don’t have a good day. Have a GREAT day. Stream Free Guy […]