Cineworld says about the film sector's rebound: 'As the most affordable out-of-home entertainment option, we believe that cinemas will be back and continue to be the main locomotive of the industry.' More:
and many more. Nonetheless, we will need to remain alert to any new COVID-related developments – currently, it appears that the booster vaccination is on its way but as we have seen in the past, we need to be reactive and ready to handle all scenarios.”
Cineworld’s operating loss of $208.9 million narrowed from $1.34 billion in the year-ago period, “which has been reduced by asset impairment reversals of $95.6 million resulting from lease modifications,” the company said.
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