21 Facts About Cineworld

1.

Cineworld Group plc is a British cinema operator headquartered in London, England.

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2.

In October 2020, Cineworld temporarily closed its cinemas in the UK, Ireland, and the United States, citing the delay of tentpole films due to the impact of the COVID-19 pandemic on cinema.

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3.

On 7 September 2022, Cineworld filed for Chapter 11 bankruptcy in the United States.

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4.

The first Cineworld cinema opened in Stevenage, Hertfordshire in July 1996.

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5.

In 2004, Cineworld was acquired by Blackstone private equity group for £120m.

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6.

The following year, Cineworld acquired the UK and Ireland operations of French cinema company UGC.

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7.

In December 2012, Cineworld acquired the Picturehouse Cinema chain, adding 21 cinemas to its portfolio, including The Little Theatre in Bath, Brighton's Duke of York's cinema, the Cameo, Edinburgh, the Phoenix in Oxford and the Ritzy Cinema in Brixton.

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8.

In November 2017, Cineworld began merger talks with the US cinema chain Regal Cinemas.

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9.

On 16 December 2019, Cineworld announced its proposed acquisition of Cineplex Entertainment—Canada's largest cinema chain—for approximately US$2.

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10.

Cineworld planned to integrate its operations with Regal to achieve cost and revenue synergies, and maintain the Cineplex branding for the Canadian operations.

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11.

On 12 June 2020 Cineworld would terminate the purchase agreement due to alleged "material adverse effect and breaches" by Cineplex.

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12.

In late May 2020, Cineworld announced it planned to reopen all its UK cinemas in July.

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13.

On 5 October 2020, Cineworld announced the indefinite re-closure of all owned cinemas in the UK, Ireland, and United States from 8 October, citing the delay of major tentpole Hollywood films due to the wider impact of the COVID-19 pandemic on cinema, and its continued inability to reopen cinemas in the key U S market of New York .

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14.

Greidinger said the delay was the "last straw" for Cineworld following a string of other film delays and cancellations.

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15.

Cineworld said that its decision would affect 45,000 workers, 5,500 of them in the UK, and 20,000 in the US.

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16.

Greidinger said that Cineworld would reopen the cinemas once there was a "solid lineup of releases" ahead.

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17.

Cineworld credited this to the success of Spider-Man: No Way Home, the only film to have made more than $1.

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18.

In 2012, Cineworld began a trial of a premium service, the Screening Rooms.

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19.

Cineworld was the only cinema chain in the United Kingdom to forbid customers bringing food and drink bought elsewhere into the cinema.

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20.

In early 2014, Cineworld introduced an allocated seating system, starting as a trial in selected sites including Wembley and rolling out to all their cinemas by the summer.

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21.

Cineworld have responded to the criticism stating that it gives customers peace of mind along with other benefits.

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