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Coronavirus threatens to bankrupt US cinema chains

10th April 202010th April 2020 New York Post

Coming to a theater near you: a marquee with no movie titles on it, but instead big letters that say “gone out of business.” With movie houses nationwide closed by the coronavirus, big cinema chains like AMC Entertainment and Regal Cinemas parent CineWorld are at risk of filing for bankruptcy in the coming weeks or months — desperate moves that could result in hundreds or even thousands of theaters being shuttered for good, industry experts warn. In a Wednesday note to investors, Loop Capital analyst Alan Gould wrote that he…

Artist impression of the Subzero snow centre planned for Middlesbrough

‘Subzero’ centre planned for Middlesbrough

3rd April 20203rd April 2020 Retail and Leisure International RLI

Due to open in 2022, the new UK snow centre will launch in Middlesbrough, with an indoor ski slope, shops and restaurants. Plans are also in place to add a trampoline park, bowling alley and climbing attraction underneath the slope. The plans for SubZero have been approved to build the huge attraction at Middlehaven Dock in Teesside. A 165m ski slope will be the main part of the centre along with a 52m nursery slope for beginners where skiing, snowboarding and even sledging will be available to guests. Documents for…

Sunset Drive-in (image: Wikimedia Commons)

USA: cinemas are closing but drive-ins still sell tickets

27th March 202027th March 2020 Deadline

Drive-ins continue to post best ticket sales in weekend box office wiped out by theatre closures Even with a majority of the nation’s movie theaters shuttered due to the coronavirus outbreak, and distributors holding back on box office reporting and new releases, there continued to be a handful of cinemas around the country that braved this weekend, and kept their doors open. And for that, they should be commended. Depending on the movie, there were between 79-135 theaters that remained open out of roughly 5K that are closed. Those alive were in such…