Post by
silentreader on Aug 19, 2022 12:55pm
Cineworld \ Regal on the brink
https://www.cnbc.com/2022/08/19/cineworld-shares-plummet-more-than-60percent-on-bankruptcy-reports.html
They shoulkd have kept and expanded D-Box seats at Cineworld and launched them at Regal instead of going all-in with 4DX. Millions of dollars down the drain...
Comment by
CoolGuy2016 on Aug 19, 2022 7:33pm
Very interesting thought! Goog luck to all
Comment by
bingostar on Aug 20, 2022 9:45am
AMC might be on the line to buy back some theaters of Cineworld , CEO of D-BOX was in UK this week to discuss with AMC . Maybe some opportunities to expand. Owners of theater know the only way to compete Netflix and Disney is to offer a value added experience like IMAX and D-BOX , post pandemic numbers showed that demand is there.
Comment by
jfddev on Aug 21, 2022 3:20pm
Maybe AMC told himself that it is time to change his mind... GLTA