Major cinema chain with 100 branches ‘to close dozens of sites’ in major blow to high street
A MAJOR cinema chain is in talks to close dozens of sites under new plans to shore up its finances.
Cineworld is considering shutting down around a quarter of its approximately 100 UK multiplexes, Sky News reports.
GettyThe embattled business put its UK arm into administration in August 2023[/caption]The prospect would mean up to 25 local cinemas could close permanently under its plans.
The chain is also seeking to renegotiate rent agreements for about 50 of its locations.
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