according to the Sunday Times.The paper says bosses at Cineworld will write to Prime Minister Boris Johnson and Culture Secretary Oliver Dowden to claim the industry is now 'unviable'.It is believed that the company plans to reopen its cinemas next year but its 5,500 staff will be asked to accept redundancy, with the possibility of rejoining when locations can open again.
The decision is thought to have been at least partially driven by the delay in the latest 007 blockbuster, which was set to be released this spring but will now not be hitting the screens until April 2021.Cineworld has yet to make a public statement on the reports but has already issued warnings over its future after posting losses of £1.3bn last month, with the impact of.
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