Monday, November 25, 2024
Google search engine

Major movie theater chain with greater than 100 UK branches instantly shuts community centre website as movie aficionados left puzzled


A significant movie theater chain with greater than 100 UK branches instantly shut its community centre website – leaving movie aficionados puzzled.

Cineworld in Shaw Ridge, Swindon, terminated its film provings and closed its doors without caution.

The Cineworld in Shaw Ridge in Swindon closed suddenly (stock)

1

The Cineworld in Shaw Ridge in Swindon shut instantly (supply)Credit: Getty

The movie theater initially terminated a night proving of Wicked 2 hours prior to it was because of begin on November 23.

And puzzled consumers additionally kept in mind that provings of Wicked and Gladiator were additionally axed.

The following day on November 24, the movie theater validated it would certainly be shut – without providing any type of indicator of when it could resume.

It stated: “Unfortunately we are remaining closed until further notice, again we do apologise for any inconvenience caused by this. 

“Our customer service team will be in touch regarding refunds. We appreciate your patience while these technical issues are being resolved and will update again when we are back open.”

But it ends up that the preferred movie theater was just shut “until further notice” as a result of Storm Bert.

An agent stated: “Cineworld Shaw Ridge Swindon has had to temporarily close due to the impact of Storm Bert. 

“Any customers whose screenings were cancelled will be automatically refunded.

“We apologise for the inconvenience and hope to reopen the cinema soon.”

One movie fan created: “I’m thinking leakages or a dodgy roof covering. They might utilize the moment to refurb the seats, perhaps take the ones from Regent Circus.”

What else has happened at Cineworld?

Back in October, Cineworld revealed that its sites across Glasgow Parkhead, Bedford, Loughborough, Yate and Swindon Regent Circus will close in just a matter of days.

It forms part of a major restructuring plan to keep the company’s head above water.

Last month, a judge gave the go-ahead for £16million to be injected into Cineworld’s four companies which form the business.

MASS CINEMA CLOSURES: Cineworld

The cash came from the business’s parent company, with an extra £35million to also be made available.

Its four companies. Cine-UK Ltd, Cineworld Cinemas Ltd, Cineworld Cinema Properties Ltd and Cineworld Estates Ltd, will also negotiate leases for each of their 101 sites across the UK.

This development follows a long period of trouble at Cineworld.

Just last year the business emerged from Chapter 11 bankruptcy in the US.

Filing for a Chapter 11 bankruptcy means a company intends to reorganise its debts and assets while remaining in business.

The company’s shares plunged almost 99 per cent in the five years to 2023, as it was hit particularly hard by the pandemic and the enforced closure of its cinema sites.

Shortly after, Cineworld’s UK arm collapsed into administration on July 31.

The cinema chain was de-listed from the London Stock Exchange a day later.

When a company enters management in the UK, all control is passed to a designated manager, that have to be an accredited bankruptcy specialist.

Read much more on the Scottish Sun

A great deal of significant cinema chains have struggled following the pandemic, as customers got used to streaming films from home. 

Big blockbusters such as the Barbie Movie and Oppenheimer drove punters back to the movie theatre last year, but it has not been enough to keep some venues afloat. 

What is happening across hospitality and the cinema sector?

CINEWORLD isn’t the only chain that’s battling.



Source link

- Advertisment -
Google search engine

Must Read

DHL freight airplane collisions near Vilnius flight terminal in Lithuania– DW–...

0
A freight airplane flying in behalf of German logistics business DHL collapsed near Vilnius International Airport in Lithuania at an early stage...