Cineworld preparing to file for bankruptcy

[Ayahuasca]

Cineworld shares slump on report bankruptcy filing is being prepared

Cineworld Group , the world's second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Street Journal reported on Friday, just days after warning that a lack of blockbusters would hit its liquidity in the near term.

www.reuters.com

 

[Darujhistan]

Not surprised, the cinema has had its day, too expensive, inconvenient, and the experience is often ruined by morons.

 

[Kyo]

That's really disappointing to hear. I have been watching Cineworld for years. Hopefully another group can buy them out and continue.

They have been great imo. Convenient with locations all over the country where you can go at your own time to suit your schedule.

 

[Haze]

Not surprised, the cinema has had its day, too expensive, inconvenient, and the experience is often ruined by morons.

This....

I haven't been for years, but don't get wrong it's a great experience compared to watching anything at home

 

[Glanza]

Be a shame if it does go under as I've been a Cineworld member since 2010 and go on average every 2 weeks.

 

[Kyo]

Be a shame if it does go under as I've been a Cineworld member since 2010 and go on average every 2 weeks.

Same late 90s here when it was bought from Virgin Cinema.

 

[Kyo]

This....

I haven't been for years, but don't get wrong it's a great experience compared to watching anything at home

Agreed ,It's the same for most I think.

 

[Darujhistan]

This....

I haven't been for years, but don't get wrong it's a great experience compared to watching anything at home

Yes, if the experience isn't ruined by the audience is what I actually meant.

 

[Begbie]

Yes, if the experience isn't ruined by the audience is what I actually meant.

I've never experienced this. Lately I have been going mid week though, I suppose.

 

[Gregvivi0401]

Not surprised, the cinema has had its day, too expensive, inconvenient, and the experience is often ruined by morons.

It's not just that it's price difference Vue it's only £4.99 and if you on Vodafone you can have 2 tickets for £7.

 

[throwaway4372]

Was tempted to invest when covid tanked it, figured the whole cinema concept would go the way of the dodo once everyone used netflix instead during covid, now everyone bailed on both lol.

 

[Bigpig]

Not good.

Cinema is vital for customers.

You get to vote with your money instead of watching what you are given with streaming services.

 

[MissChief]

It’s been on the cards since the Streaming and PPV window dropped to 45 days for most films.

 

[Lysander]

I go to the cinema once every few months to see some sci-fi or horror which I hope is good [it's not]. Every time I go it's about 1/4 full. I honestly don't know how Odeon are staying afloat.

The only way to combat the 'morons' issue would be to stream the audio on Bluetooth.

Not good.

Cinema is vital for customers.

You get to vote with your money instead of watching what you are given with streaming services.

Yeah great, more superhero films {vomit}.

 

[Armageus]

The only way to combat the 'morons' issue would be to stream the audio on Bluetooth.

Not that I condone it, but I've seen Cola Cubes, Pear drops or even Peanut M&M's be used to great effect against problematic people

 

[Darujhistan]

Not good.

Cinema is vital for customers.

You get to vote with your money instead of watching what you are given with streaming services.

I don't think it matters where it's shown, it's still 90% regurgitated crap. Look at Marvel, a never-ending slurry of poor "content".

 

[Freakbro]

Grim, but unsurprising. It must be costing a fortune in utilities nowadays to run the sites when only a smattering of people are going to each film.

We went to see Nope at Odeon on Weds evening. Probably less than 20 people there

 

[wolfie138]

Not good.

Cinema is vital for customers.

You get to vote with your money instead of watching what you are given with streaming services.

i would have thought you could vote w/ your money by deciding which streaming service or PPV films to buy.

 

[Bigpig]

i would have thought you could vote w/ your money by deciding which streaming service or PPV films to buy.

PPV more so can't say the same for streaming services.

 

[Thekwango]

i went to see the new thor a month or so back and there was our group (6 adults) and 2 others in the cinema. was awesome and nice and quiet but obviously not a sustainable business model.