New York Times.“We have long-awaited this moment,” Mooky Greidinger, the chief executive of Cineworld, said in a statement to the Times. “With capacity restrictions expanding to 50 percent or more across most U.S.
states, we will be able to operate profitably in our biggest markets.”Cineworld’s new multiyear agreement with Warner Bros. shortens the typical window theatrical window that films have had before they hit on-demand streaming services, with 45 days in the United States and 31 days in Britain.Also Read: Regal Cinemas Owner Cineworld Expands Liquidity by $750 MillionThe reopening of Regal Cinemas in the U.S.
Read more on thewrap.com
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