Cineworld Group plc (CNNWQ)
Cineworld Group plc operates in the Entertainment industry of the Communication Services sector, headquartered in Brentford, GB. The stock last traded at $0.01, down 18.40% on the session, giving a market capitalisation of $7.0M. Its beta of 3.09 implies it has historically moved more than the broad market.
Cineworld Group plc primarily operates movie theaters. Beyond its core exhibition services, the company also handles activities such as financing, retail sales, property leasing for its cinemas, ticketing solutions, film distribution, advertising efforts, and promotional gift offerings. Its widespread network of venues operates under several well-known brand names, including Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen. As of December 31, 2021, the company boasted an impressive global reach, managing 9,181 screens across 751 sites. These operations spanned numerous countries, including the United States, the United Kingdom, Ireland, Poland, Israel, Hungary, Romania, the Czech Republic, Bulgaria, and Slovakia. Founded in 1995, Cineworld Group plc maintains its principal office in Brentford, United Kingdom. A significant recent development saw the company, alongside its affiliates, file for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code on September 7, 2022, in the U.S. Bankruptcy Court for the Southern District of Texas.
Cineworld Group plc is most often compared with the following Communication Services names: