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Cineworld Group Plc operates as a cinema chain in different territories. It operates through the United States; United Kingdom and Ireland; and Rest of the world divisions. The firm offers its products and services under the brands Cineworld, Picturehouse, Cinema City, Yes Planet and Rav-Chen. The company was founded by Stephen Mark Wiener in 1995 and is headquartered in Brentford, the United Kingdom.
A report that the company had hired bankruptcy lawyers suggests a total wipeout for shareholders could be in the cards.
Reports that Regal Cinemas is going dark may trigger a domino effect.
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