Nearly 130 Cineworld cinema locations all across the UK are at risk of closing down.
Last year, the US company that also owns Arts Picturehouse chains filed for bankruptcy after failing to recover from Covid-19 and is continuing to struggle to find someone to take over. On Friday (February 24), the chain said it had been approached by potential buyers interested in a buyout.
Despite this, none of them were supposedly willing to pay outright against the backdrop of a hefty £5 billion debt.
