![]() But they also said they're hopeful for a strong close of the year. Its executives said earlier in August that the next two months will be challenged by a dip in new releases. ![]() Cinemark Holdings fell 5.8% to $15.33, for example. Shares of other theater chains also stumbled Monday, but nowhere near as much as Cineworld. That followed a 58.3% plunge on Friday after The Wall Street Journal reported the company was preparing to file for bankruptcy protection within weeks. The company's stock in London tumbled 21.4% to the equivalent of roughly 3.8 U.S. The company warned again Monday that a transaction to ease the debt on its balance sheet could hurt its stock investors. It also said it expects “ultimately to continue its business over the longer term with no significant impact upon its employees." It has about 28,000 workers, according to the company's website.Įven if employees could make it through intact, shareholders may not. That would mean an additional crunch to its finances.Ĭineworld said it's holding talks with lenders and other major stakeholders as it reviews its financial options. And with a “limited film slate,” it expects the lower levels to continue until November. ![]() And there don't seem to be any big hits on the immediate horizon to make those numbers much better.Ĭineworld said its admissions levels have recently been below expectations. Taking into consideration a number of factors, we pride ourselves of understanding the pulse of the industry and predicting its performance.To be sure, moviegoers have streamed back into theaters this year to see blockbusters like “Spider-Man: No Way Home,” “Top Gun: Maverick,” and ”Jurassic World: Dominion." Industry giant Warner Discovery has said it's doubling down on theaters and moving away from debuting films on its HBO Max streaming service.īut this summer's $3.3 billion in ticket sales is still running nearly 20% behind the summer of 2019, before the pandemic, as of Sunday, according to data firm Comscore. Besides this, we also feature fun video segments that see your favourite celebrity indulging in some off film banter, beauty tips from the stars, and even the latest tech gyan amongst other thing.Ĭoming to what Bollywood Hungama is known for, within the entertainment industry circle, its reportage on trade, specifically box office predictions, box office updates, film comparisons based on box office business and rankings. Unlike Bollywood News, Celebrity News, Latest Movies News and Entertainment News, Bollywood Interviews include text based and video based Entertainment updates that give users/ viewers access to information from the celebrities themselves. When talking about features, the coverage ranges from articles based on Celebrity fashion, to the latest Bollywood trends that have garnered attention on social media platforms to throwback memories that are celebrity and film specific. These Bollywood news updates feature the latest industry scoops, breaking news pieces, and general celebrity or film related news updates. Refraining from gossip, News based and movie related articles are vetted and confirmed, ensuring a high standard of confirmed updates. In terms of Celebrity News, Bollywood News, Bollywood Film News and Entertainment News coverage, Bollywood Hungama features the latest updates on your favourite stars with in-depth Bollywood News coverage specific to each celebrity, and movie. ![]() Besides this, there are also interactive segments based on Bollywood films and celebrities that bring users closer to their favourite movies and celebrities. With extensive Bollywood coverage the site offers users a wide array of entertainment updates to choose from. With coverage ranging from Celebrity News, Bollywood News, Film News, Features, Interviews, Movies Photo Gallery, and Celebrity Photos. Bollywood Hungama is the leading portal in terms of Entertainment News and Updates.
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