Cineworld, which operates 9,000 theatres in 10 countries, has warned that a lack of blockbusters is hurting admissions.
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Cineworld has scrapped plans to sell its U.S., UK and Ireland businesses after failing to find a buyer, the cinema chain operator said on Monday, as it proposed a new debt restructuring plan.
The world’s second-largest cinema chain operator behind AMC Entertainment placed the majority of the business under U.S. Chapter 11 bankruptcy protection in September.
