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UPDATE 1-'Spider-Man' bursts into theaters with $253 mln domestic opening

Sun, 19th Dec 2021 16:21

(Adds global ticket sales, background)

LOS ANGELES, Dec 19 (Reuters) - "Spider-Man: No Way Home"
racked up an estimated $253 million in U.S. and Canadian ticket
sales over the weekend, setting a pandemic-era record and
ranking as the third-biggest domestic movie opening of all time,
distributor Sony Corp on Sunday.

Around the globe, "No Way Home" generated an additional
$334.2 million for a worldwide weekend total of $587.2 million.

The blockbuster returns provided a much-needed jolt to
cinemas that have struggled to draw crowds during the COVID-19
crisis. The spread of the Omicron variant https://www.reuters.com/world/threat-omicron-looms-over-christmas-holidays-europe-us-2021-12-19
has sparked new concerns.

But as Broadway and New York City's Rockettes canceled shows
and the National Football League postponed games, theaters were
abuzz. Fans packed auditoriums for "No Way Home," a big-budget
superhero spectacle co-produced by Sony Corp and Walt
Disney Co that is playing only in theaters.

The movie stars Tom Holland as the web-slinging superhero
and Zendaya, as his girlfriend MJ, in the third film in a
Spider-Man trilogy.

(Reporting by Lisa Richwine; Editing by Lisa Shumaker)

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3 Apr 2023 17:09

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(Alliance News) - Stocks in London were largely higher at the close on Monday, with oil stocks star performers following a surprise production cut from the OPEC+ over the weekend.

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3 Apr 2023 11:05

TOP NEWS: Cineworld agrees restructuring leaving shareholders in cold

(Alliance News) - Cineworld Group PLC on Monday said it has entered into a restructuring support agreement and backstop commitment agreement with lenders to support its financing plan.

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3 Apr 2023 07:22

Cineworld strikes deal to exit Chapter 11, shares tumble

(Sharecast News) - Embattled cinema chain Cineworld Group said on Monday that it has struck a deal with lenders as it looks to exit Chapter 11 bankruptcy protection.

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27 Mar 2023 12:12

UPDATE: CVC Capital eyes rival bid for certain Cineworld's operations

(Alliance News) - Luxembourg-based private equity firm CVC Capital Partners has approached Cineworld Group PLC about an offer for its operations in eastern Europe and Israel, Sky News reported on Monday.

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27 Mar 2023 11:45

CVC Capital Partners said to plan bid for parts of Cineworld

(Sharecast News) - Cineworld has reportedly been approached by buyout firm CVC Capital Partners about a takeover of parts of the struggling group.

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27 Mar 2023 07:54

LONDON BRIEFING: Stocks called higher as banking crisis fears ease

(Alliance News) - Stocks in London were called to open higher on Monday, as investors look past the recent turbulence in the banking sector.

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27 Mar 2023 06:55

LONDON MARKET EARLY CALL: Stocks seen up, but sentiment still cautious

(Alliance News) - Stocks in London were set to open higher on Monday, recouping some of Friday's losses after further jitters in the banking sector.

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27 Mar 2023 06:15

PRESS: Elliott Management eyes bid for part of Cineworld's operations

(Alliance News) - US activist investment firm Elliott Management is planning to take over beleaguered cinema chain Cineworld Group PLC's operations outside of the UK and the US, Sky News reported on Saturday.

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7 Mar 2023 12:48

Picturehouse founder planning to buy chain from Cineworld - report

(Sharecast News) - The founder of boutique cinema chain Picturehouse is reportedly hatching a plan to buy it back as part of a potential break-up of Cineworld.

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24 Feb 2023 17:20

FTSE 100 posts worst week of the year, Cineworld plunges over 40%

Wall St drops after hot inflation data

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24 Feb 2023 10:16

Cineworld gets no offer for whole company, warns on shareholders' equity

Says insufficient creditor support for recovery of equity interests

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24 Feb 2023 09:19

TOP NEWS: Cineworld shares plunge as expects to exit bankruptcy

(Alliance News) - Cineworld Group PLC on Friday said it has received non-binding proposals from a number of counterparties for some or all of its businesses, but the debt-ridden business expects any deal with its creditors will wipe out its shareholders.

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24 Feb 2023 09:01

LONDON MARKET OPEN: FTSE 100 higher before US inflation print

(Alliance News) - European markets were higher at Friday's open, though trading was somewhat tentative ahead of a key inflation print from the US.

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24 Feb 2023 07:55

LONDON BRIEFING: IAG swings to profit; German GDP falls

(Alliance News) - Stocks in London were called higher on Friday, ahead of a key inflation reading in from the US.

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24 Feb 2023 07:38

Cineworld to exit Chapter 11 in H1, sees no recovery for shareholders

(Sharecast News) - Cineworld said on Friday that it has received non-binding proposals for some or all of its businesses but that none of these involve an all-cash bid for the entire business and any sale will not provide recovery for shareholders.

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