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UPDATE 1-'Top Gun' sequel delayed in summer movie setback for theaters

Fri, 09th Apr 2021 19:20

(New throughout, adds details on rest of schedule)

LOS ANGELES, April 9 (Reuters) - Paramount Pictures has
pushed the release Tom Cruise movie "Top Gun: Maverick" to
November from July, the studio said on Friday, a move that
deprives theaters of what was expected to be one of the biggest
releases of the summer blockbuster season.

The sequel to 1986 hit "Top Gun" will now debut in theaters
on Nov. 19, the day Paramount had planned to release Cruise's
seventh "Mission: Impossible" movie. That film was moved to May
2022, according to Paramount, a unit of ViacomCBS Inc.

Movie theater operators including AMC Entertainment,
Cineworld Group Plc and Cinemark Holdings Inc
hope for a summer rebound after a year of closures due to the
COVID-19 pandemic.

The ninth installment of the "Fast & Furious" franchise,
from Comcast Corp's Universal Pictures, currently
remains scheduled to hit cinemas on June 25.

Walt Disney Co's Marvel film "Black Widow" is set to
be released in theaters, and for a fee on the Disney+ streaming
service, on July 9.
(Reporting by Lisa Richwine, Editing by Franklin Paul and David
Gregorio)

More News
3 Apr 2023 17:09

LONDON MARKET CLOSE: FTSE 100 higher as oil prices surge on OPEC+ cut

(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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