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Eduardo Acuna, who's kept a low profile since taking the top job at Cineworld last summer, took a bow in NYC this week to showcase the world's largest 4DX auditorium at the renovated Regal Times Square. The exhibitor partnered with CJ 4DPLEX, a cinema tech innovator of cutting-edge formats like this…

Regal parent Cineworld has officially emerged from bankruptcy, unveiling five new board members and a strengthened balance sheet. The chain, which was flattened by Covid and high debt, filed for Chapter 11 in the Southern District of Texas last September. It exits today having reduced that debt by…

UPDATED, 7:30 AM: Cineworld Group has officially entered administration, following an application at the High Court in London. The administration order applies only to Cineworld Group and not to any of its operating companies or subsidiaries such as Regal Cinemas in the U.S. or Picturehouse Cinemas in the…

CEO Adam Aron said a court ruling last week that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout “Barbenheimer” weekend at the box office and surging share price notwithstanding. "AMC must be in a position to raise equity…

As Regal parent Cineworld prepares to exit Chapter 11 this month, rumors are heating up over who will emerge as the giant theater chain’s new chief executive, with reports Monday pointing to Eduardo Acuna of Cinepolis. Longtime Cineworld CEO Mooky Greidinger has a consulting contract during a…

A bankruptcy court judge today gave a green light to a reorganization plan for Regal parent Cineworld, the key step needed for the giant movie theater chain to emerge from bankruptcy next month. At a hearing, in an order from the bench, Judge Marvin Isgur of U.S. District Court for the Southern…

Big cinema advertising platform National CineMedia said today its plan of reorganization has been confirmed by a judge in United States Bankruptcy Court for the Southern District of Texas.  The company filed for Chapter 11 in April. It now expects to emerge in August or September. The plan…

In-theater advertising firm National CineMedia announced a special shareholders meeting to vote on a reverse stock split — a move that boosts the price of a company’s shares — as it risks being delisted by the Nasdaq market and works through a voluntary Chapter 11 reorganization. The company, which…

Executives of Regal parent Cineworld, led by CEO Mooky Greidinger, have agreed to a payout in the $30 million range, Deadline has confirmed, in the event that they leave leave the company as it prepares to exit Chapter 11. Documents filed earlier this year during ongoing bankruptcy proceedings in the…

UK-based global theater chain and parent of Regal Cinemas said overnight it expects to emerge from Chapter 11 in July. The news comes as nearly 100% of its legacy lenders agreed to an amended and restated restructuring agreement and backstop that have been months in the making. There had been some…

AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million. "Despite challenging…

Mooky Greidinger, chief executive of Regal parent Cineworld, which is in the process of emerging from bankruptcy, made an appearance on the CinemaCon stage today saluting Regal employees and giving a shout-out to Lionsgate and The Hunger Games. Related Stories …