Cineworld company

Discussion in 'Bulletin Board' started by LiverpoolRed, Aug 19, 2022.

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  1. LiverpoolRed

    LiverpoolRed Well-Known Member

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    Filing for bankruptcy, apparently - ours isn't even oopen yet !
     
    LiverpoolRed, Aug 19, 2022
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  2. Cun

    Cunning Stunt Well-Known Member

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    I bet the owners of Parkway are sat wi **** int hand
     
    Cunning Stunt, Aug 19, 2022
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  3. Redhelen

    Redhelen Well-Known Member

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    Surprised at that.
     
    Redhelen, Aug 19, 2022
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  4. JamDrop

    JamDrop Well-Known Member

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    Oh :( I preferred Cineworld to any of the other cinema chains.
     
    JamDrop, Aug 19, 2022
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  5. Tob

    Tobys Knackers Well-Known Member

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    Someone will buy them out, this is a move to drop pandemic debt.

    Debts of £4b - that's mind-blowing stuff
     
    Tobys Knackers, Aug 19, 2022
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  6. Stephen Dawson

    Stephen Dawson Well-Known Member

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    It's a shame can't beat a blockbuster in the cinema. A good sci-fi or horror film.
     
    Stephen Dawson, Aug 19, 2022
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  7. x11barnsley

    x11barnsley Well-Known Member

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    Didn’t sell enough popcorn at £20 a bucket
     
    x11barnsley, Aug 19, 2022
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  8. dreamboy3000

    dreamboy3000 Well-Known Member

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    Too easy to watch brand new movies online on free to use streaming sites.
     
    dreamboy3000, Aug 19, 2022
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  9. Arc

    Archerfield Well-Known Member

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    When a business has too much debt to service filing for chapter 11 bankruptcy allows protection of the ongoing business whilst a potential restructure of the debt takes place.

    In all likelihood the business will continue but with the debt holders converting debt to equity.
     
    Archerfield, Aug 19, 2022
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  10. Red

    RedMonk Well-Known Member

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    With the picture and sound quality available to install in your own home I can understand why more people are not going to the cinema and waiting for a streaming release. Then there is the extortionate charge for snacks and drinks plus the loud rustling, chatting, mobile phone using numpties that frequent them too that I can do without.
     
    RedMonk, Aug 19, 2022
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  11. TitusMagee

    TitusMagee Well-Known Member

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    When Vue are selling tickets at 5-6 quid a pop then it is unsurprising Cineworld are struggling. They charge too much, simple as that.
     
    TitusMagee, Aug 19, 2022
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  12. lk3

    lk311 Well-Known Member

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    Wonder how much of this is to do with the law suit Cineplex are threatening after pulling out of the £1.65b purchase of it.
     
    lk311, Aug 19, 2022
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  13. lk3

    lk311 Well-Known Member

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    Interestingly the chain that owns Odeon are saying admissions have doubled in the last year but Cineworld are blaming lack of blockbuster movies….
     
    lk311, Aug 19, 2022
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  14. red

    redrum Well-Known Member

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    The pick and mixes are the worst have to re morgage to get one.
     
    redrum, Aug 19, 2022
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  15. Fre

    Freddiel Well-Known Member

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    Unlikely to impact business operations and, as others have pointed out, it’s probably linked to the huge lawsuit they have with Cineplex. If anything they’ll just restructure the group.

    The one in The Glassworks should still open as expected.
     
    Freddiel, Aug 19, 2022
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  16. red

    redrum Well-Known Member

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    The pandemic wont have helped and the fact that were in a time were times are hard gas electric food fuel all rocketing people enjoy the big screen but you can take watch more or less all new movies via a stream nowdays so are people going to shell out a small fourtune to watch a 2 hour film or just stream it at home.
     
    redrum, Aug 19, 2022
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  17. TonyTyke

    TonyTyke Well-Known Member

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    Its never a very good experience though is it?
     
    TonyTyke, Aug 19, 2022
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  18. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Given Everyman a try? Far superior - although I'm hardly a regular cinema goer.
     
    Loko the Tyke, Aug 19, 2022
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  19. red

    redrum Well-Known Member

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    Get films in hd 4k with plex or iptv if you have a decent tele and decent internet your okay.
     
    redrum, Aug 19, 2022
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  20. TonyTyke

    TonyTyke Well-Known Member

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    I'm thinking of the old streamer downloads
     
    TonyTyke, Aug 19, 2022
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