Comedian Dara Ó Briain is the latest star to share their reaction to the Government’s emergency alert this afternoon - by sharing a photo of his ‘helpful’ notification screen.
03.04.2023 - 17:01 / thewrap.com
statement. “With a growing slate of blockbusters and audiences returning to cinemas in increasing numbers, Cineworld is poised to continue offering moviegoers the most immersive cinema experiences and maintain its position as the ‘Best Place to Watch a Movie.”The proposed restructuring does not provide any recovery for holders of Cineworld’s existing equity interests.In addition to the agreement with lenders, Cineworld plans to abandon its effort to sell the group’s business in the U.S., U.K and Ireland, absent an “all cash bid significantly in excess of the value established under the Proposed Restructuring.”On February 24, Cineworld received non-binding proposals for some or all of the group’s assets from a number of potential transaction counterparties.
The company noted that it continues to consider the proposals received with respect to its Rest of the World business outside of the U.S., U.K. and Ireland and a process is underway with the bidders to assess whether a sale can be completed.“It is expected that the Plan will provide sufficient flexibility to accommodate a sale of the RoW Business, assuming that the Marketing Process leads to a sale transaction supported by the Group Chapter 11 Companies and their stakeholders,” Cineworld said. “As previously announced, it is not expected that any sale transaction would provide any recovery for holders of the Company’s equity interests.”Cineworld expects to emerge from the Chapter 11 cases in the first half of 2023.
Comedian Dara Ó Briain is the latest star to share their reaction to the Government’s emergency alert this afternoon - by sharing a photo of his ‘helpful’ notification screen.
A person was cut free from a car by fire crews following a crash on the A90 this morning. Emergency services were called to a stretch of road between Tealing and Petterden following reports of the two-vehicle smash at around 9.20am on Saturday April 22.
An easyjet flight packed with holidaymakers was forced in to an emergency landing after the co-pilot issued a red alert.
The Government emergency alert test is just three days away, but several domestic abuse charities have warned that it could put victims' safety at risk.
MipTV and Mipcom, Cannes two TV trade fairs, announcing final figures of 5,560 participants, including 5,510 on-site delegates. That said, attendance was sizeably down on pre-pandemic levels – 9,500 attendees in 2019 – with major European drama sales companies literally counting the cost of attendance and exhibition space versus Mip-driven sales. In a fast-evolving TV landscape, the future and identity of MipTV still remains uncertain. 10 takeaways from this year’s edition:
David's Bridal has went into administration just hours after its US owners filed for bankruptcy.
Katie Price has announced a huge career move as she joins the cast of a pantomime in Liverpool over Christmas.
Regal parent Cineworld has decided to terminate the marketing process for its businesses outside of the U.S., UK and Ireland. Although it received offers from “a number of prospective counterparties,” the proposals “did not meet the value level required by the group’s lenders,” the exhibition giant said today. The so-called “rest of world” businesses include cinemas in Israel, Poland, Czech Republic, Slovakia, Hungary, Bulgaria and Romania.
Patrick Frater Asia Bureau Chief Beleaguered multinational cinema operator, Cineworld says that has halted its attempt to sell off its businesses outside the U.S., U.K. and Ireland. This appears to mean that the group will remain intact as it seeks a pathway out of the U.S. Chapter 11 bankruptcy strictures. “The group received proposals for the [rest of the world] business from a number of prospective counterparties, however the proposals did not meet the value level required by the group’s lenders,” Cineworld said in a statement on Tuesday. Cineworld owns the Regal cinema chain in the U.S. and is the second largest movie theater operator in the world. Its shares are listed in the U.K.
A woman who was misdiagnosed by doctors as having stomach pains has lost her three-year battle with cancer.
Humza Yousaf has denied the SNP faces bankruptcy as he confirmed forensic auditors could be appointed following a meeting of the party's ruling body.
When your child has a playdate with a pal after school, it can sometimes be a great feeling of relief for the parent who gets a short break for a while. However, it's important to not take advantage of this and turn your child's friend's parents into free babysitters, the Mirror reports.
Further to its April 3 announcement that it had reached a conditional agreement with lenders to emerge from Chapter 11, Regal owner Cineworld today submitted its reorganization plan to the U.S. Bankruptcy Court for the Southern District of Texas.
This South African man has had it with these MFin’ snakes in his… shirt??
Given that no two people are the same, it's inevitable that we all have our different ways of trying to combat stress. According to research, 15% of Brits have zoned in on the art of mindfulness and around 8 million of us meditate regularly. As a result, the global wellness industry continues to grow every year, reflecting our ongoing search for anxiety-busting techniques.
A major emergency response is in place in Glasgow this evening, with at least 20 police officers reportedly on the scene in Govanhill.
Chris Meledandri prepares to launch Mario onto movie screens, the Illumination founder and CEO is simultaneously juggling several new movies and sequels in his ever-expanding animation empire. These range from follow-ups to his “Sing,” “Despicable Me” and “Secret Life of Pets” franchises, as well as original movies like this fall’s “Migration,” the story of a family of ducks who live in a pond in New England and no longer have to migrate because the winters are milder. But before all that, there’s “The Super Mario Bros. Movie,” which is expected to achieve box office domination when it opens on April 5. Beyond running Illumination, Meledandri, who sat down with Variety with Nintendo’s Shigeru Miyamoto for this week’s cover story on the making of “The Super Mario Bros. Movie,” also serves as a creative partner to DreamWorks Animation as it looks to reboot the “Shrek” franchise. In that capacity, he’s pushed to bring back the film’s original voice cast which includes Mike Myers, Cameron Diaz and Eddie Murphy for “Shrek 5.”
Regal owner Cineworld has entered into a restructuring support agreement and a backstop commitment agreement with lenders that will, if approved, see it emerge from bankruptcy.
Naman Ramachandran Lionsgate’s “John Wick: Chapter 4” shot its way to the top of the U.K. and Ireland box office with a £5.3 million ($6.5 million) opening weekend, according to numbers released by Comscore. In its second weekend, Warner Bros.’ “Shazam! Fury Of The Gods” collected £1.09 million in second place for a total of £4.09 million. In third place, Warner Bros.’ “Creed III” earned £731,273 and now has a total of £12.8 million after four weekends. Paramount’s “Scream VI” grossed £597,937 in fourth place in its third weekend for a total of £6.2 million. Rounding off the top five was Warner Bros.’ “Allelujah” that took £463,973 in its second weekend for a total of £2.02 million.
A body has been discovered in a Glasgow canal.