Loews Cineplex to close 675 screens
North America's second-largest exhibitor Loews Cineplex plans to shutter 675 of its nearly 3,000 screens in North America as it reported a third quarter loss of $185m. The closures represent 23% of its screens in the US and Canada. The company also suggested it will file for bankruptcy protection in the coming days, a decision analysts have been predicting for the past two months.
Continue reading – simply subscribe below
It takes just two minutes and you’ll immediately gain full access to ScreenDaily.com, PLUS Screen International monthly magazine delivered to your door.
Screen International Subscribers:
If you are a Screen International subscriber please sign in with your email address and click submit:
Not a Screen International subscriber?
Sign up today for immediate and complete access to screendaily.com and the monthly Screen International magazine for as little as £19 a month!
Find out more about all the benefits of a subscription to Screen International.