Cineworld has announced plans to shut six cinemas across the UK as part of major restructuring plans.
The company, which is part of the world's second-largest cinema chain, has faced difficulties since the Covid pandemic, with audiences failing to return to previous levels.
Cineworld, which also owns Picturehouse, entered administration in July 2023, grappling with nearly £4bn in debt. After unsuccessful attempts to find a buyer for some or all of its sites, the company decided to close the six locations it deemed "commercially unviable”.
PR representatives for Cineworld denied media speculation that additional closures were planned beyond the six identified.
The restructuring plan still requires court approval, but all Cineworld cinemas in the UK will continue to operate as usual until at least late September.
The below Cineworld locations are set to close:
1. Cineworld Glasgow Parkhead
2. Cineworld Bedford
3. Cineworld Hinckley
4. Cineworld Loughborough
5. Cineworld Yate
6. Cineworld Swindon Circus
Here is the full list of sites currently operated by Cineworld across the UK and Ireland:
1. Cineworld Queens Links, Aberdeen
2. Cineworld Union Square, Aberdeen
3. Cineworld Aldershot
4. Cineworld Ashford
5. Cineworld Ashton-under-Lyne
6. Cineworld Barnsley
7. Cineworld Basildon
8. Cineworld Belfast
9. Cineworld Broad Street, Birmingham
10. Cineworld NEC, Birmingham
11. Cineworld Boldon Tyne and Wear
12. Cineworld Bolton
13. Cineworld Bracknell
14. Cineworld Bradford
15. Cineworld Braintree
16. Cineworld Brighton
17. Cineworld Broughton
18. Cineworld Burton upon Trent
19. Cineworld Bury St Edmunds
20. Cineworld Cardiff
21. Cineworld Castleford
22. Cineworld Cheltenham
23. Cineworld Chesterfield
24. Cineworld Chichester
25. Cineworld Crawley
26. Cineworld Dalton Park
27. Cineworld Didcot
28. Cineworld Didsbury
29. Cineworld Dover
30. Cineworld Dublin
31. Cineworld Dundee
32. Cineworld Eastbourne
33. Cineworld Edinburgh
34. Cineworld Ely
35. Cineworld Falkirk
36. Cineworld Parkhead, Glasgow
37. Cineworld Renfrew Street, Glasgow
38. Cineworld Silverburn, Glasgow
39. Cineworld Gloucester Quays
40. Cineworld Harlow - Harvey Centre
41. Cineworld Harlow - Queensgate
42. Cineworld Haverhill
43. Cineworld Hemel Hempstead
44. Cineworld High Wycombe
45. Cineworld Hull
46. Cineworld Huntingdon
47. Cineworld Ipswich
48. Cineworld Leeds
49. Cineworld Leigh
50. Cineworld Llandudno
51. Cineworld Bexleyheath, London
52. Cineworld Enfield, London
53. Cineworld Feltham, London
54. Cineworld Hounslow, London
55. Cineworld Ilford, London
56. Cineworld Leicester Square, London
57. Cineworld South Ruislip, London
58. Cineworld The O2 Greenwich, London
59. Cineworld Wandsworth, London
60. Cineworld Wembley, London
61. Cineworld West India Quay, London
62. Cineworld Wood Green, London
63. Cineworld Luton
64. Cineworld Middlesbrough
65. Cineworld Milton Keynes
66. Cineworld Newcastle upon Tyne
67. Cineworld Isle of Wight, Newport
68. Cineworld Spytty Park, Newport
69. Cineworld Northampton
70. Cineworld Nottingham
71. Cineworld Plymouth
72. Cineworld Poole
73. Cineworld Rochester
74. Cineworld Rugby
75. Cineworld Rushden Lakes
76. Cineworld Sheffield
77. Cineworld Shrewsbury
78. Cineworld Solihull
79. Cineworld Speke
80. Cineworld Stevenage
81. Cineworld St Helens
82. Cineworld St Neots
83. Cineworld Stoke-on-Trent
84. Cineworld Shaw Ridge, Swindon
85. Cineworld Telford
86. Cineworld Wakefield
87. Cineworld Warrington
88. Cineworld Watford
89. Cineworld Weston-super-Mare
90. Cineworld Weymouth
91. Cineworld Whiteley
92. Cineworld Witney
93. Cineworld Wolverhampton
94. Cineworld Yeovil
95. Cineworld York
In July 2024, Cineworld was said to be considering a major restructuring, which could include closures.
Restructuring allows a company to rework its balance sheet, restructure debts and release cash into the business.
It comes after Cineworld emerged from Chapter 11 bankruptcy in the US late last year.
When a company files for Chapter 11 bankruptcy, it means it intends to reorganise its debts and assets while remaining in business.
The company's shares also plunged almost 99 per cent in the five years to 2023 due to the Covid-19 pandemic and the enforced closure of its cinema sites.
Cineworld's UK then collapsed into administration on July 31.
The first Cineworld Cinema opened in Stevenage, Hertfordshire in July 1996. A second Cineworld opened the following year in Wakefield, West Yorkshire.
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2024-07-26T08:56:44Z dg43tfdfdgfd