More than 100 Cineworld cinemas across the country - including two in the North East - could be at risk, it is being reported.
The cinema chain is going through a bankruptcy process, which began in the US last year, following struggles during the pandemic, and recently gave a bleak update on its future as the company struggles to find a takeover. This has left the company's cinemas at risk of shutting if the worst comes to pass.
On Friday, the firm said it had been approached by a “number” of potential suitors interested in a takeover. But none of them were reportedly willing to pay in cash for the whole business - which currently languishes £5bn in debt, reports The Mirror.
