Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
Cineworld Preparing To File For Bankruptcy
deadline.comCineworld, the globe’s second-largest exhibitor and owner of Regal Cinemas, is preparing to file for bankruptcy within weeks, according to reports in the Wall Street Journal.The company has engaged lawyers from Kirkland & Ellis LLP and consultants from AlixPartners to advise on the bankruptcy process, the publication reported.
Cineworld, which operates 751 sites in 10 countries including the boutique Picturehouse chain in the UK, is expected to file a Chapter 11 petition in the United States and is considering filing for insolvency in the UK, the report said.Cineworld’s share price collapsed following the report.The news comes days after the company said it was in “active discussions with various stakeholders and is evaluating various strategic options to both obtain additional liquidity and potentially restructure its balance sheet through a comprehensive deleveraging transaction.”The company cited lower-than-expected admission rates due to a lack of blockbuster films for the slump in business.“Despite a gradual recovery of demand since re-opening in April 2021, recent admission levels have been below expectations,” the company said. “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.”Exhibition has been one of the hardest hit sectors of the industry as COVID forced closures of cinemas across an agonizingly volatile and lengthy period for bosses, workers and audiences.
Cineworld is not alone in assessing its future. Vue International is being restructured and AMC has been manoeuvring to lessen survival risk.In March, Cineworld reported 2021 revenues of
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