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Cineworld Closures Confirmed in the UK! #AMC
Cineworld Closures Confirmed in the UK! #AMC #TonyDenaro #Cineworld. Breakings News July 27, 2024 Cineworld has announced plans to close six cinemas across the UK as part of a wide-ranging restructuring plan.
Part of the world's second largest cinema chain, the business - which has 101 locations in the UK and Ireland - has struggled since the Covid pandemic and with the rise in streaming services.
The affected sites are: Glasgow Parkhead, Bedford, Hinckley, Loughborough, Yate and Swindon - Regent Circus.
Cineworld entered administration in July 2023 while struggling with a debt pile estimated to be almost £4 billion.
DD links:
Article: https://www.bbc.com/news/articles/c6p21e7m43ro
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