Cineworld considers declaring bankruptcy: What's led to this & what does this mean for cinema goers?
5AVForums Podcast 22-Aug-2022
The world's second largest cinema chain, Cineworld, has faced a number of business and financial problems since well before the pandemic closures. However, even now with lockdown in the rear view mirror, executives admit the current movie going climate is proving challenging with a lack of blockbusters leading to slow recovery. There's also been a shift in audience expectations linked to films appearing quickly on streaming services and the cost of living crisis is also forcing punters to reconsider whether cinema going is now more an occasional luxury rather than an affordable weekly hobby. The Movies Team provide more context in the second half of the video
Read the Cineworld news story here: https://bit.ly/3PHz19d
Join the discussion about this podcast. Share your comments here: https://bit.ly/3R40gMg
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