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World’s second-largest cinema chain accused of ‘buyers remorse’ by Canadian rival
Closure of cinemas has wiped more than C$1bn from Canadian company’s value
Hammerson’s woes go beyond retail reopenings; Cineworld spurns Cineplex; Little bp
UK-based cinema chain says Canadian group had suffered ‘material adverse effect’
The plot hole in cinema operator’s fairy tale is its planned purchase of Canada’s Cineplex
Optimism of large chains belies scepticism that film goers will flock back
Second largest cinema chain sides with rival in spat over movie release
Chain in liquidity talks with lending banks as well as other creditors including film studios
Shares tumble as cinema chain warns theatre closures could cost it three months’ revenue
Before the coronavirus outbreak, the world’s second-largest cinema operator was already getting investors on the edge of their seats
WHSmith warns on profits, Travelex on cash crunch and Cineworld on viability
Family trust of chief executive reduces holding as shares tumble on coronavirus fears
Company grapples with high debt and concerns about coronavirus impact on box office attendance
Industry says unusually strong 2019 releases concealed the wretched state of business
Early streaming of Martin Scorsese’s ‘The Irishman’ left film with reduced cinema audience
Cinema needs consolidation of the kind presaged by this deal
Acquisition makes UK-based cinema group the biggest in North America by screens
Cinema chains will survive blizzard of content, if not precisely in their present form
Group to miss full-year trading expectations despite success of recent blockbusters
Group looks to blockbuster releases for uplift in second half after admissions fall
Slate of blockbuster movies such as ‘Black Panther’ a boon to cinema group
High debts mean transformation into global screen giant is not yet complete
Cinema group relies on lucrative franchises to drive record number film goers
Only lossmaking division since January has been general insurance
International Edition