CINEWORLD have insisted it is "business as usual" despite reports stating some of its sites in the UK are at risk of closure, including Llandudno Junction.
Cineworld entered bankruptcy protection in America in September 2022; the chain were weighed down by heavy debts accumulated in part during Covid-19.
The company owes around six billion dollars.
The world’s second-largest cinema chain said last week that it had been approached by “a number” of potential suitors, but none of them had been willing to pay in cash to buy the whole business.
Cineworld may have been hoping for a sale, but it was always seen as unlikely that it would find someone who was willing to take over the business and deal with its six billion dollar (£5 billion) pile of debt. So while the business now hopes to come out of US bankruptcy protection some time in the first half of this year, it will likely spell a painful end for its current shareholders.
Cineworld said: "As announced on September 7 2022, during the restructuring process, Cineworld continues to operate its global business and cinemas as usual without interruption. Cineworld and its brands around the world - including Regal, Cinema City, Picture House and Planet - are continuing to welcome customers to cinemas as usual.
"The Group continues to honour the terms of all existing customer membership programmes, including Regal Unlimited and Regal Crown Club in the United States and Cineworld Unlimited in the UK."
Cineworld has started the so-called Chapter 11 bankruptcy proceedings in the UK.
The company have said this is "not" an administration process.
The Mirror have reported that about 130 Cineworld cinemas are "at risk" across the UK and Ireland. The list includes Cineworld in Llandudno Junction and Broughton.
Cineworld confirmed to the Pioneer the list did not come from them.
According to The Mirror, the following venues are said to be "at risk".
- Aberdeen - Queens Links
- Aberdeen - Union Square
- Aldershot
- Ashford
- Ashton-under-Lyne
- Barnsley
- Basildon
- Bedford
- Belfast
- Birmingham - Broad Street
- Birmingham - NEC
- Boldon Tyne and Wear
- Bolton
- Bracknell
- Bradford
- Braintree
- Brighton
- Bristol
- Broughton
- Burton upon Trent
- Bury St Edmunds
- Cardiff
- Castleford
- Cheltenham
- Chesterfield
- Chichester
- Crawley
- Dalton Park
- Didcot
- Didsbury
- Dover
- Dundee
- Eastbourne at The Beacon
- Edinburgh
- Ely
- Falkirk
- Glasgow - Parkhead
- Glasgow - Renfrew Street
- Glasgow - Silverburn
- Gloucester Quays
- Harlow - Harvey Centre
- Harlow - Queensgate
- Haverhill
- Hemel Hempstead
- High Wycombe
- Hinckley
- Hull
- Huntingdon
- Ipswich
- Leeds - White Rose
- Leigh
- Llandudno
- London - Bexleyheath
- London - Enfield
- London - Feltham
- London - Hounslow
- London - Ilford
- London - Leicester Square
- London - South Ruislip
- London - The O2 Greenwich
- London - Wandsworth
- London - Wembley
- London - West India Quay
- London - Wood Green
- Loughborough
- Luton
- Middlesbrough
- Milton Keynes
- Newcastle upon Tyne
- Newport - Friars Walk
- Newport - Isle of Wight
- Newport - Spytty Park
- Northampton
- Nottingham
- Plymouth
- Poole
- Rochester
- Rugby
- Runcorn
- Rushden Lakes
- Sheffield
- Shrewsbury
- Solihull
- Speke
- Stevenage
- St Helens
- St Neots
- Stoke-on-Trent
- Swindon - Regent Circus
- Swindon - Shaw Ridge
- Telford
- Wakefield
- Warrington
- Watford
- Weston-super-Mare
- Weymouth
- Whiteley
- Witney
- Wolverhampton
- Yate
- Yeovil
- York
Dublin
Cineworld also operates another 26 cinemas under the Picturehouse brand:
Ashford
Bath - Little Theatre Cinema
Brighton - Duke of York’s
Brighton - Duke’s at Komedia
Cambridge - Arts
Edinburgh - Cameo
Exeter
Henley-on-Thames - Regal
Liverpool - Fact
London - Bromley
London - Clapham
London - Crouch End
London - East Dulwich
London - Finsbury Park
London - Fulham Road
London - Greenwich
London - Hackey
London - Picturehouse Central
London - Ritzy
London - Stratford
London - The Gate
London - West Norwood
Norwich - Cinema City
Oxford - Phoenix
Southampton - Harbour Lights
York - City Screen
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