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The Second Largest Theatre Chain in The World Declares Bankruptcy

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Cineworld, the owner of Regal Cinemas, is $4.8 billion in debt.

Not the Cinemas too!

As a result of the post-pandemic return to theaters not turning out to be as profitable as anticipated, Cineworld, the owner of Regal Cinemas, is prepared to declare bankruptcy within the next few weeks.

The London-based Cineworld, which has a debt of $4.8 billion, is anticipated to declare bankruptcy in both the US and the UK, according to The Wall Street Journal. It runs more than 9,000 screens in 751 sites around the globe, including Regal Cinemas in the United States, Cinema City in Europe, and Yes Planet in Israel, as well as Picturehouse and Cineworld theaters in the United Kingdom and Ireland. It is the world’s second-largest theater chain, trailing only AMC, which has survived post-pandemic difficulties in part because it has become a meme stock.

The corporation supposedly relied on popular movies like The Batman, Top Gun: Maverick, and Thor: Love and Thunder to increase movie ticket sales, but the current figures are below expectations. In addition, Cineworld noted that there just aren’t enough movies set for release in the near future, so a change in revenues isn’t anticipated until the end of 2022.

Is it time to say Goodbye?

“Despite a gradual recovery of demand since reopening in April 2021, recent admission levels have been below expectations,” Cineworld said in a statement earlier this week.

“These lower levels of admissions are due to a limited film slate that is anticipated to continue until November 2022 and are expected to negatively impact trading and the group’s liquidity position in the near term.”

To help with its bankruptcy case, the business, formally known as Cineworld Group Plc, is currently in contact with advisers from AlixPartners and attorneys from Kirkland & Ellis LLP. In 2020, at the height of COVID-19, it also declared bankruptcy but was spared by a lifeline from creditors.

When will we see you again?

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Guardians of the Galaxy Vol. 3 Releases Its First Trailer

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The last time we saw Star-Lord and his rag tag bunch of extraterrestrial friends in a stand-alone movie was five years ago. The public has now been given a trailer for Guardians of the Galaxy Vol. 3.

A Bit of a Surprise

Although they’ve been in multiple Avengers movies, Chris Pratt’s character hasn’t had a solo adventure in a very long time. However, they’re back and they look better than ever. The third installment of the fantastic Marvel franchise has not yet given a concrete on what’s to come, but hopefully the trailer would give us an idea on what’s going on.

Keeping the Standard

We appear to be in for a picture that jumps between planets and is full of action, drama, and astonishing emotion. In one scene, Rocket is seen as a young racoon, and there may also be the beginnings of a possible love affair between Rocket and an otter. As the Guardians move through space, the visuals are stunning, nothing less of what we’ve been expecting from the franchise.

Make sure you check out the trailer right here!

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The Internet Goes Wild After Will Smith’s Latest Movie Gets Boycotted by Critics

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Due to the ongoing repercussions from Will Smith’s slap on Chris Rock at the Academy Awards earlier in the year, fans have had a mixed reaction to the historical action movie Emancipation, which was directed by Antoine Fuqua and stars Smith.

The Plot of the Movie

Gordon, also known as “Whipped Peter,” was a Black American slave who managed to escape the Louisiana plantation where he was kept captive in the book Emancipation. In order to avoid hunters and bloodhounds, he traveled more than 60 kilometers in ten days before arriving at a post of Union soldiers in the early 1863.

The Consequences

Even though Smith has said he understands if people don’t want to watch Emancipation, a sizable portion of folks who would not view this movie because of its relationship with Smith are puzzling fans of the actor.

Emancipation debuts in American theaters on December 2 and becomes available on Apple TV on December 9. Hopefully people would still support the film, and see the film for what it can truly be.

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Fans Already have the Ideal Substitute for Liam Hemsworth in The Witcher

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The mess that was The Witcher on Netflix just won’t go away. If you didn’t hear, Henry Cavill has left the series, and I truly hope I’m not the one to tell you.

The Witcher Debate Just Won’t Go Away

In the next third season, Cavill will play Geralt of Rivea, but this will be his last appearance. The position will then be filled by Liam Hemsworth in season four.

Cavill didn’t really give a reason for leaving, but it’s quite obvious now. Cavill, who has fought for the veracity of Andrzej Sapkowski’s original novels, is quite disappointed that The Witcher is departing from them.

Some producers reportedly even made fun of the novels. In light of this, viewers started a petition requesting that Netflix fire the show’s writers and rehire Cavill. Liam Hemsworth is not at fault for any of this mess, but the actor hasn’t exactly received a warm welcome to the franchise.

Cavill didn’t really give a reason for leaving, but it’s quite obvious now. Cavill, who has fought for the veracity of Andrzej Sapkowski’s original novels, is quite disappointed that The Witcher is departing from them.

Some producers reportedly even made fun of the novels. In light of this, viewers started a petition requesting that Netflix fire the show’s writers and rehire Cavill. Liam Hemsworth is not to blame for any of this turmoil, but the actor hasn’t exactly had a warm welcome to the franchise.

We Got This Covered reports that 3D artist Wonki Cho has won the hearts of fans with a collection of concept work that casts actor Mads Mikkelsen in the part.

As Geralt, I must confess that Mikkelsen does look pretty cool, and let’s face it—everything that man touches turns to gold. Similar views were expressed by fans on Twitter. No offense to Liam Hemsworth for playing The Witcher, but Mads Mikkelsen is a perfectly capable actor over here, according to Grunchpop.

Fans aren’t the only ones affected by Cavill’s departure; Revnardent added, “Petition for Mads Mikkelsen to be the next Witcher.” We share Doug Cockle’s sentiments, who play Geralt in The Witcher 3: Wild Hunt, and expressed his sadness at Cavill’s departure.

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