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Tentatively this means Union Square and Sherman Oaks and most of the higher profile locations on that list are not going to close. {nm}

Posted by: notfabio on Feb 15, 17:26 in response to notfabio's post Cineworld quietly filed today that they no longer are...

Cineworld quietly filed today that they no longer are seeking Regal lease rejections at 30 of the 49 theatres on their most rejection list. notfabio Feb 15, 17:24

Tentatively this means Union Square and Sherman Oaks and most of the higher profile locations on that list are not going to close. notfabio Feb 15, 17:26

[i.e. active negotiations with landlords to keep in operation are progressing, but they leave open the possibility of refiling them again] {nm} notfabio Feb 15, 17:28

Similar news from earlier lease rejections, their 4th filing only 5 of the 23 lease rejections left standing. notfabio Feb 15, 17:32

movies are back, babeee (summer schedule is actually stacked for the first time since 2019) {nm} my mate paul Feb 15, 17:40

Maybe the entertainent press doesnt know how chapter 11 works (they were never going to close) {nm} Moviesnob Feb 15, 17:43

Some of the lease rejections are (becoming housing/misc developments), but yes, the major ones mostly should find new owners. {nm} notfabio Feb 15, 18:24

With the presumption that Cineworld/Regal is going to sell vs stay intact. {nm} notfabio Feb 15, 18:25

Still expecting things to shake out one way or the other by CinemaCon in April. Though if they are purchased could be a year to close. {nm} notfabio Feb 15, 18:28

some will close but most (especially the big ones) are just renegotiating their leases. thats all. {nm} Moviesnob Feb 15, 19:37

Relatedly, If you're planning to submit a bid to buy Cineworld/Regal you have until February 16th. {nm} notfabio Feb 15, 17:39





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