London-listed group shut all of its 660 movie theatres in the US and the UK in October

Cineworld, the world’s second-largest movie chain operator, has secured financial lifelines worth $750m (£560m) to weather the coronavirus pandemic.

London-listed Cineworld, which shut all of its 660 movie theatres in the US and the UK in October, said the financial agreements mean it has enough liquidity to make it through next year – as long as cinemas are allowed to reopen by May.

Continue reading…

You May Also Like

The nature of a dragonfly: weigher of souls | Helen Sullivan

Upside down, they resemble a pair of scales Dragonflies have a near-perfect…

Boy killed in ‘lightning strike’ in Blackpool named as Jordan Banks

The nine-year-old was taking part in football coaching session during a thunderstorm…

Wage rises are driving inflation? Don’t swallow this dangerous rightwing myth | Owen Jones

All the evidence is there: corporate greed is the culprit, but policymakers…