All the updated news related to picturehouse

All the news related to picturehouse updated in real time

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City

Cineworld cash reserves shrink as struggling chain sees weak admissions

Troubled cinema chain Cineworld revealed that its cash reserves shrank by almost two-thirds over the first half of this year as it warned over weak admissions. The debt-laden business told investors that audiences are set to remain below pre-Covid ...

30 Sept 2022 at 10:08

City

Cineworld considering bankruptcy but ‘no significant impact’ on jobs

Bosses at Cineworld are considering whether to put the world’s second largest cinema chain into bankruptcy. They confirmed on Monday that they are looking at options for restructuring the business, which is struggling under heavy debts. This ...

22 Aug 2022 at 10:19

City

Cineworld to file for administration as part of financial restructuring

Troubled cinema chain Cineworld has said it will file for administration in the UK as part of a restructuring plan that is set to wipe out shareholders. The world’s second-largest cinema chain said it will apply for administration for the ...

26 Jun 2023 at 11:21

City

Cineworld shareholders wiped out in restructuring plan

Cineworld has unveiled a restructuring plan which is set to wipe out shareholders after the cinema chain went bankrupt last year. The debt-ridden business said it has filed a reorganisation plan with the US bankruptcy court but insisted ...

11 Apr 2023 at 12:28

City

Cineworld shareholders set to be wiped out as firm expects to exit bankruptcy

Cineworld hopes to be back from bankruptcy protection before the middle of the year, but the debt-ridden business expects any deal with its creditors will wipe out its shareholders. The world’s second-largest cinema chain said Friday ...

24 Feb 2023 at 08:25

Movies

Hugh Grant says closure of Fulham Road Picturehouse ‘strangely unbearable’

British actor Hugh Grant has said the closure of Fulham Road Picturehouse is “strangely unbearable”. The cinema, in south-west London, announced on social media in June that it had “made the tough decision” to close the venue from ...

09 Jul 2024 at 14:05

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