Cineworld Grapples With Box-Office Slump as It Seeks a Sale in Bankruptcy

[ad_1] Bankrupt movie-theater chain Cineworld Group PLC said it continues to miss its box-office projections due to challenging market conditions as it gears up to sell itself out of chapter 11.   Joshua…

AMC Chief Asks Board for Salary Freeze Next Year

[ad_1] Adam Aron asked AMC’s board to freeze his compensation in 2023 following a painful year for the movie theater chain’s share price. [ad_2] Source link

Have We Reached Peak Pinocchio? Fifty Remakes of the Classic Tale Baffle Fans

[ad_1] Around 50 Pinocchio movies have been released since the classic 1940 Disney film, including, no lie, 1965’s “Pinocchio in Outer Space.” Filmmakers’ unflagging fascination with the wooden boy’s tale…

AMC Move to Raise Cash Boosts Value of Theater Chain

[ad_1] The theater chain is selling preferred-equity units and plans a vote on a 1-for-10 reverse stock split. [ad_2] Source link