Cineworld Boss Mooky Greidinger On “New Normal”, Surge Ticket Prices & More – CB

Cineworld Boss Mooky Greidinger On “New Normal”, Surge Ticket Prices & More – CB

ByPapaga Bless

Exhibition big Cineworld reported its full-year 2021 earnings on Thursday morning in London, exhibiting sharply narrowed losses and vastly improved revenues versus 2020. CEO Mooky Greidinger is bullish on the the outlook for the world’s second-largest exhibitor, which additionally owns Regal within the U.S., as the corporate predicts admissions in 2022 might attain 85% of…

Cineworld Reports Improvement In 2021 As Losses Narrow, Revenues Rise – CB

Cineworld Reports Improvement In 2021 As Losses Narrow, Revenues Rise – CB

ByPapaga Bless

Cineworld Group, the world’s second-largest exhibitor and proprietor of Regal within the U.S., noticed important enchancment in 2021 versus 2020, as revenues rose by almost 112% to $1.805 billion, the corporate stated this morning because it reported full-year ends in London. Working revenue additionally rebounded, reaching $15.8 million, up from a 2020 lack of $2.258…