Cineworld to hold crunch vote to increase its £6bn debt pile as it prepares to reopen cinemas Cineworld shareholders to vote on plan to take on an extra £155m of debt It is seeking approval for the suspension of its borrowing limits It said the money is for ‘further liquidity’ reasons in case of more … Read more
Monster takings at US box offices for Godzilla vs Kong sent Cineworld to the top of the FTSE 350 leaderboard. The creature feature raked in £23million in the US over its three-day opening weekend – even though it was also available on streaming services, and social distancing meant cinemas weren’t full. It was a record … Read more
Cineworld has today announced it will reopen in May in line with the government’s roadmap out of lockdown. The chain’s 127 outlets across the UK are set to open again, after closing towards the end of last year. Cinemas reopened last July after the first national lockdown, but in October the troubled chain mothballed all 600 … Read more
Cineworld best performing share in FTSE350 since November 6, rising an astonishing 268%, according to AJ Bell By Daily Mail City & Finance Reporter Published: 21:57 GMT, 19 March 2021 | Updated: 22:26 GMT, 19 March 2021 Cineworld has been the best performing share in the FTSE350 since November 6 last year, shortly before Pfizer … Read more
BUSINESS LIVE: FTSE rises as Astrazeneca confirms vaccine 90% effective; Cineworld secures extra liquidity; AA receives £210m offer By This Is Money Published: 08:10 GMT, 23 November 2020 | Updated: 08:21 GMT, 23 November 2020 AstraZeneca’s vaccine trial and Prime Minister Boris Johnson’s speech today outlining the loosening of lockdown restrictions that will happen after … Read more
Cineworld, the world’s second-largest cinema chain, has been revealed as the UK’s most shorted stock. Some 9.51 per cent of Cineworld’s stock was held short by 10 investment firms, according to analysis carried out by ETF provider GraniteShares, with Adelphi Capital LLP having the largest short position with 2.07 per cent of the company’s shares. … Read more
MARKET REPORT: Shares in Cineworld plunge after company closes venues again as shortage of film releases trigger collapse in demand By Matt Oliver For The Daily Mail Published: 22:03 BST, 5 October 2020 | Updated: 22:03 BST, 5 October 2020 Shares in Cineworld plunged by as much as 60 per cent after the company said … Read more
New Christopher Nolan film Tenet puts Cineworld in limelight as cinema-goers return after lockdown By City & Finance Reporter for the Daily Mail Published: 21:59 BST, 28 August 2020 | Updated: 21:59 BST, 28 August 2020 Cineworld shares rose nearly 5 per cent after the cinema chain’s boss said it had seen a number of … Read more
The smell of burning rubber, water sprayed in your face, a moving seat and surround video are among the measures cinemas hope will get you through their doors. The UK’s largest cinema chain, Cineworld, is among theatres pinning their hopes on more immersive experiences as part of its Covid lockdown recovery efforts. Cineworld plans to … Read more
Cineworld is reopening in England today following the coronavirus lockdown with the first-ever 4DX screenings of two Harry Potter films and Jurassic Park. The 4DX film experience combines multi-sensory effects including faint water and wind jets, scents and lighting, as well as motion effects, including seat movements. These immersive techniques are all ‘timed to precision’ to … Read more