{"id":1665668,"date":"2022-09-30T03:07:24","date_gmt":"2022-09-30T07:07:24","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1665668"},"modified":"2022-09-30T03:07:53","modified_gmt":"2022-09-30T07:07:53","slug":"struggling-cineworld-says-q3-admissions-weak-cash-dwindles","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/struggling-cineworld-says-q3-admissions-weak-cash-dwindles\/","title":{"rendered":"Struggling Cineworld says Q3 admissions weak, cash dwindles"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstruggling-cineworld-says-q3-admissions-weak-cash-dwindles%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1665668&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) \u2013     British cinema chain operator Cineworld Group said on Friday admissions in the third quarter were below expectations and would remain below pre-pandemic levels in the next two years, after the company posted a smaller half-yearly loss.<\/p>\n<p>The world\u2019s second-largest movie theatre operator behind AMC Entertainment filed for U.S. bankruptcy earlier in September to restructure its debt and fix its finances amid low cinema attendance and a lack of blockbuster movies.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Cineworld had $131 million cash at the end of June, compared with $354 million at the end of December.<\/p>\n<p>The company reported a loss before tax of $364.9 million for the six months to June, compared with $576.4 million a year earlier. Net debt stood at $8.81 billion including lease liabilities, compared with $8.9 billion at the end of December.<\/p>\n<p>The release of big-budget movies like \u201cBlack Adam\u201d, \u201cBlack Panther: Wakanda Forever\u201d and \u201cAvatar: The Way of Water\u201d could boost admissions in the fourth quarter, Cineworld said.<\/p>\n<p> (Reporting by Yadarisa Shabong in Bengaluru; Editing by Subhranshu Sahu)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/struggling-cineworld-says-q3\/attachment\/file-photo-people-walk-past-a-cineworld-in-leicesters-square\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8T087-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8T087-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 British cinema chain operator Cineworld Group said on Friday admissions in the third quarter were below expectations and would remain below pre-pandemic levels in the next two years,<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1665668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1665668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1665668"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1665668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1665668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1665668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1665668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}