RadioTimes.com<\/a>\u00a0has reached out to Cineworld for comment.<\/p>\n Earlier this week, Cineworld released a stock exchange statement revealing that it was in \u201cactive discussions with various stakeholders\u201d after finding that \u201crecent admission levels have been below expectations\u201d..<\/p>\n The cinema chain added that it was evaluating strategic options to obtain additional liquidity and reduce debt after running up over $4.8 billion in losses during the pandemic.<\/p>\n \u201cThese lower levels [of admission] are due to a limited film slate that is anticipated to continue until November 2022 and are expected to negatively impact trading and the group\u2019s liquidity position in the near term,\u201d the company said.<\/p> Cineworld currently operates 751 sites across 10 countries, including the UK\u2019s Cineworld and Picturehouse as well as Israel\u2019s Yes Planet and Regal Cinemas in the US.<\/p>\n However, despite successful releases such as Top Gun: Maverick, The Batman and Thor: Love and Thunder, the company\u2019s market value dropped to \u00a3100m this week after being valued as up to \u00a34.4 billion before the pandemic.<\/p>\n Check out more of our\u00a0Film<\/a>\u00a0coverage or visit our\u00a0TV Guide<\/a>\u00a0to see what\u2019s on tonight.<\/strong><\/p>\n The latest issue of Radio Times magazine is on sale now \u2013\u00a0subscribe now<\/a>\u00a0and get the next 12 issues for only \u00a31. For more from the biggest stars in TV, listen to the\u00a0Radio Times podcast<\/a>\u00a0with Jane Garvey.<\/strong><\/p><\/body><\/html>\n By Lauren Morris Published: Friday, 19 August 2022 at 12:00 am Cineworld is reportedly preparing to file for bankruptcy in the US and considering insolvency proceedings in the UK after struggling to bring customers back to the cinemas following the pandemic. According to the Wall Street Journal, the company has contacted law firm Kirkland & […]<\/p>\n","protected":false},"author":24,"featured_media":20529,"template":"","categories":[6],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-scaled.jpg",2560,1707,false],"thumbnail":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-150x150.jpg",150,150,true],"medium":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-300x200.jpg",300,200,true],"medium_large":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-768x512.jpg",768,512,true],"large":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-1024x683.jpg",800,534,true],"1536x1536":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/c01.purpledshub.com\/uploads\/sites\/56\/2022\/08\/cineworld-preparing-to-file-for-bankruptcy-in-uk-and-us-2048x1366.jpg",2048,1366,true]},"uagb_author_info":{"display_name":"importmanagerhub@sprylab.com","author_link":"https:\/\/c01.purpledshub.com\/radiotimes\/author\/importmanagerhubsprylab-com\/"},"uagb_comment_info":0,"uagb_excerpt":"By Lauren Morris Published: Friday, 19 August 2022 at 12:00 am Cineworld is reportedly preparing to file for bankruptcy in the US and considering insolvency proceedings in the UK after struggling to bring customers back to the cinemas following the pandemic. According to the Wall Street Journal, the company has contacted law firm Kirkland &…","_links":{"self":[{"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/rss_feed\/20528"}],"collection":[{"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/rss_feed"}],"about":[{"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/types\/rss_feed"}],"author":[{"embeddable":true,"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/users\/24"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/media\/20529"}],"wp:attachment":[{"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/media?parent=20528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/c01.purpledshub.com\/radiotimes\/wp-json\/wp\/v2\/categories?post=20528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"""\"](\""https:\/\/images.immediate.co.uk\/production\/volatile\/sites\/3\/2022\/05\/top-gun-648e629.jpg?quality=90&resize=620%2C413"\" "\\"\"\"\\"\/")
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