Cineworld

Cineworld Group plc
FormerlyAugustus 2 Limited (23–24 August 2004)
Jad 1 Limited (August–October 2004)
Cineworld UK Limited (October 2004–May 2006)[1]
Company typePublic limited company
IndustryEntertainment
Founded1995 (1995)
HeadquartersLondon, England
Key people
Eduardo Acuna (Chief Executive)
RevenueIncrease £1,804.9 million (2021)[2]
Increase £15.8 million (2021)[2]
Increase £(565.8) million (2021)[2]
Number of employees
28,000 (2023)[3]
ParentNewco
Subsidiaries
Websitecineworldplc.com
Cineworld Cinemas brand logo used since 2008.

Cineworld Group plc is a British cinema operator headquartered in London, England. It is the world's second-largest cinema chain (after AMC Theatres), with 9,139 screens across 747 sites[4] in 10 countries:[5] Bulgaria, Czech Republic, Hungary, Ireland, Israel, Poland, Romania, Slovakia, the United Kingdom and the United States.[6][7] The group's primary brands are Cineworld Cinemas and Picturehouse in the United Kingdom and Ireland, Cinema City in Eastern and Central Europe, Planet in Israel, and Regal Cinemas in the United States.

As of March 2018, Cineworld was the leading cinema operator in the UK by box office market share (based on revenue).[8] It operated, at that time, 99 cinemas and over 1,017 screens,[9] including Cineworld Dublin—Ireland's single largest multiplex by screens and customer base.[10] Cineworld Glasgow Renfrew Street is the tallest cinema in the world and the busiest, by customer base, in the UK.[11] It is listed on the London Stock Exchange.

In October 2020, Cineworld temporarily closed its cinemas in the UK, Ireland, and the United States, citing the delay of tentpole films due to the impact of the COVID-19 pandemic on cinema. The cinemas reopened in May 2021. On 7 September 2022, Cineworld filed for Chapter 11 bankruptcy in the United States.[12] In April 2023, Cineworld announced plans to secure funding of $2.26 billion and that it had entered into an agreement with its creditors to restructure its debt and exit bankruptcy.[13]

  1. ^ "CINEWORLD GROUP PLC overview - Find and update company information - GOV.UK". Companies House. 23 August 2004. Retrieved 10 February 2024.
  2. ^ a b c "Annual Results for year ended 31 December 2021" (PDF). Cineworld. Retrieved 17 March 2022.
  3. ^ "Key facts". Cineworld. 29 September 2023.
  4. ^ "Corporate Profile" (PDF). www.cineworld.co.uk.
  5. ^ "Cineworld to buy Regal cinemas in blockbuster deal". BBC News. 5 December 2017.
  6. ^ Kemp, Kenny (16 January 2019). "Cineworld enjoys record audience figures as blockbusters pull in public". businessInsider. Retrieved 20 July 2019.
  7. ^ Tartaglione, Nancy (2 April 2019). "Cineworld Chief Mooky Greidinger On Regal, Windows, 'The Irishman' & Unlimited International Potential – CinemaCon Q&A". Deadline. Retrieved 20 July 2019.
  8. ^ "Cineworld reports surge in revenue thanks to films like Beauty and the Beast and Dunkirk". The Independent. 15 March 2018. Retrieved 21 May 2018.
  9. ^ "Cineworld Group plc Annual Report and Accounts 2017" (PDF). Cineworld PLC.[permanent dead link]
  10. ^ "€24 million for largest cinema in Ireland". The Irish Times. Retrieved 21 May 2018.
  11. ^ "Cineworld and its founder: nine things you did not know". cineworldplc.com. 20 November 2013. Archived from the original on 12 January 2022. Retrieved 26 March 2015.
  12. ^ Goldsmith, Jill; Tartaglione, Nancy (7 September 2022). "Regal Parent Cineworld Files For Bankruptcy". Deadline.
  13. ^ "Cineworld drops sale of UK and US businesses after failing to find buyer". BBC. 3 April 2023. Retrieved 4 April 2023.

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