Movie Theaters Brace for a Rough Intermission

Cineworld doesn’t seem to have much faith in The Rock, though he probably shouldn’t take it personally. 

The U.K.-based owner of the Regal Cinemas movie-theater chain is preparing to file for chapter 11 bankruptcy protection in the U.S. along with an insolvency filing in its home country, according to a report in The Wall Street Journal on Friday. That came just two days after the company warned investors of lower-than-expected admissions “due to a limited film slate that is anticipated to continue until November.” 

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