Regal Cinemas’ Parent Company Reports Losses Of $1.6B & Warns Of “No Certainty” Ahead

Regal Cinemas’ Parent Company Reports Losses Of $1.6B & Warns Of “No Certainty” Ahead
Cinemas around the world are in trouble. I know, I know, this is shocking, right? Well, the truth is that with each passing quarter, the financial disclosures from the large cinema chains are getting more and more grim. We have AMC talking about how the company needs to finish 2020 strong or face serious financial consequences (aka going out of business). And now, with Cineworld (parent company of Regal Cinemas and the #2 theater chain in the world), we’re beginning to see that the losses are massive, but there may just be hope for the future.

Continue reading Regal Cinemas’ Parent Company Reports Losses Of $1.6B & Warns Of “No Certainty” Ahead at The Playlist.
See full article at The Playlist »

Similar News


Recently Viewed