Majestic Cinemas, a movie theatre business operating screens across regional New South Wales and Queensland, has collapsed into voluntary administration after a punishing 18 months for independent cinema chains.
The business operates theatres in Nambour, Port Macquarie, Inverell, Nambucca, Wynnum, Kempsey, Singleton, Sawtell, and Nelson Bay, providing a movie-going experience in many regions without a big-name multiplex.
A new FAQ section on the Majestic Cinemas website states the business is seeking to restructure, and that at this stage all of its theatres remain open to customers.
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Read the full article at: https://www.smartcompany.com.au/industries/arts-media/regional-australian-theatre-chain-majestic-cinemas-voluntary-administration/