Post by
Schussing56 on Aug 18, 2022 9:13am
Cineworld
Cineworld seems to still be struggling. They had 95 million customers this quarter but still, only about one third of pre-covid levels. There's some talk that Cineworld will need to re-structure their business model but, they say, there is no danger of debt default as of now. Also, they may be fined due to their inability (unwillingness) to pay Cineplex the $1.25 billion they owe. I think this situation is effecting Cineplex's share price. I would still like to see the two companies merge but, this time, on terms much more favourable to Cineplex.
Comment by
Tommy123 on Aug 20, 2022 3:16pm
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