Hezhong Society: It has been operating five hundred major cinema companies in the United States to announce that the cause of bankruptcy is attributed to the new crown epidemic and discharge.

China Well -off. September 8th. The company that runs the REGAL cinema in the United States has applied for bankruptcy. The reason is that the new crown virus is popular with the low number of entrants and delayed movie schedules.

Cineworld Group's parent company's parent company has applied for bankruptcy protection

U.S. UPI reported that the world's second largest cinema chain Group Cineworld Group announced on Wednesday that it has "launched Chapter 11 Case" in the Court of Court of Ranning in the South District of Texas to avoid corporate debt.

In addition to the Cineworld and PictureHouse venues in the UK, the company headquartered in London also has more than 500 REGAL cinemas in the United States.

In a statement, the company stated that Article 11 announced by CINEWORLD will "strengthen its balance sheet and provide financial strength and flexibility to accelerate and use the strategy of CINEWORLD in the film industry."

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