Regal Cinemas parent company bankruptcy

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12:23p, 8/20/22

AG

Cineworld is hiring law and consultant firms to begin the bankruptcy process. They are the second largest theater chain in the world.

https://www.ign.com/articles/cineworld-regal-filing-bankruptcy-theater-cinema-chain

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The Porkchop Express

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12:55p, 8/20/22

AG

What the hell, there goes my standard joke in the car about our dog (Regal Beagle) owning the movie theater. Those selfish *******s.

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agdoc2001

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In reply to The Porkchop Express • 2:19p, 8/20/22

AG

Guess you'll have to settle for the bar in Santa Monica now

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bearamedic99

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In reply to agdoc2001 • 7:15a, 8/21/22

AG

Yes sir, the check's in the mail.

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Iowaggie

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5:57p, 8/21/22

AG

Interesting to see what happens to their 500 theaters or so in the US.

I'm sure some will be shuttered and deserted, but I wonder if other companies will buy them as an opportunity if they have available cash. Not sure they will.

Those malls that had them in cinemas probably were already hurting significantly.

Brian Earl Spilner

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6:33p, 8/21/22

AG

As an AMC stockholder I'm very curious to see how this news affects them.

Iowaggie

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In reply to Brian Earl Spilner • 8:17a, 8/24/22

AG

Brian Earl Spilner said:
As an AMC stockholder I'm very curious to see how this news affects them.

As an AMC stockholder, you may want to listen to The Town with Matthew Belloni podcast from last week about the CEO from AMC, Adam Aron.