August 22, 2022 - 7:46am | By Kyle Cornell
(London) -- The world's second largest movie theater owner confirms it might file for bankruptcy in the U.S.
Cineworld, which owns the Regal theater chain, said it's considering a voluntary Chapter 11 filing.
The company said the filing would not affect operations or its employees.
Cineworld recently said a limited number of film releases has kept post-pandemic customer levels to be lower than anticipated.