According to the Washington Post, Mooky Greidinger, the chief executive of Cineworld, believes that really bright days are ahead of the movie theater industry.
Questions
- What is the theatrical window and how does it impact the U.S. movie theater industry?
- What is delaying the quick comeback of movie theaters in Europe?
- How is Cineworld and Regal propping up its cash flow position?
Source:
Zeitchik, S. (2021). The head of Regal Cinemas believes movie theaters are on the verge of a major comeback. The Washington Post, March 27 (Retrievable online at https://www.washingtonpost.com/business/2021/03/27/theaters-recovery-regal-mooky/)