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Cineworld: reopening by July, seeking $180m support


The Times reports (paywall in place) that Cineworld is hoping to reopen in all locations by July, with enhanced cleaning and social-distancing measures in place, naturally,. and is seeking a loan of $180 million to keep it afloat.

How many new films they will be able to screen is another matter, and we might find some recent or older favourites rolled out alongside July releases Tenet and Mulan while schedules recover.

The Times story goes into some detail about the group’s financial woes, with net debts standing at $3.5 Billion



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