Cineworld confirms it is considering bankruptcy

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Cineworld confirms it is considering bankruptcy
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  • 📰 BBCNorthampton
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The cinema chain, which also owns Picturehouse, claims it has struggled with poor ticket sales.

Cineworld has confirmed it is considering filing for bankruptcy in the US, as the cinema chain continues to struggle with $5bn worth of debt.

Responding to that report, Cineworld said it was looking at various options, including a Chapter 11 filing in the US. The company would not comment on whether it was also considering filing for bankruptcy in the UK, or what the potential impact could be on its 4,600 employees there.

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