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Cineworld To Cut More US Theaters As Ticket Sales Slump

Attendance Seen Dropping 20% From Pre-Pandemic Levels

The Regal E-Walk at 247 W. 42nd St. in New York City is about a block away from Times Square. The movie theater is one of the latest to be up for rejection as part of Cineworld's Chapter 11 bankruptcy proceedings. (Janine and Jim Eden/Flickr)
The Regal E-Walk at 247 W. 42nd St. in New York City is about a block away from Times Square. The movie theater is one of the latest to be up for rejection as part of Cineworld's Chapter 11 bankruptcy proceedings. (Janine and Jim Eden/Flickr)

Regal Cinemas' corporate parent, Cineworld Group, is asking a bankruptcy court for permission to walk away from more of its U.S. theater leases in a lingering slump in ticket sales that began at the start of the pandemic.

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