More than 100 cinemas across the UK are at risk of closure, including the Fountain Park Cineworld and Cameo Picturehouse in Edinburgh, after Cineworld has failed to find a buyer.
The major chain filed for bankruptcy in the US in Autumn, following a difficult period due to the pandemic. Now, they've given an update on the future as they struggle to find a takeover, reports the Mirror.
On February 25, the cinema chain said they had been approached by a 'number' of potential investors interested in the purchase. However, none of them were willing to pay in cash for the whole business - which currently sits £5billion in debt.
