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Cineworld Makes Its Deepest Real Estate Cuts So Far in US Bankruptcy Proceedings

Theater Chain's Latest Lease Rejections Expected To Save Company $20 Million Annually
The Regal cinema at Sherman Oaks Galleria in Los Angeles is on the latest lease rejection list in Cineworld's bankruptcy proceedings. (CoStar)
The Regal cinema at Sherman Oaks Galleria in Los Angeles is on the latest lease rejection list in Cineworld's bankruptcy proceedings. (CoStar)
CoStar News
January 19, 2023 | 10:31 P.M.

Cineworld, the world's second-largest theater chain and parent of Regal Cinemas, is making its deepest real estate cuts so far in its bankruptcy proceedings, seeking to walk away from nearly 40 theater leases throughout the United States.

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