Regal Owner Cineworld's CEO Touts "Real Grounds for Optimism in Our Industry" - NewsBreak

Exhibition giant and Regal owner Cineworld reported improved box office and concession revenue trends for its third quarter and October, which neared pre-pandemic 2019 levels. CEO Mooky Greidinger on Monday touted positive cinema business trends, saying: "We are thrilled to see audiences returning in significant numbers. Our partnerships with the studios are as strong as ever and with the incredible movie slate to come, there are real grounds for optimism in our industry." "Customer demand has been particularly strong in a number of the group's markets, in some cases even above the levels experienced in 2019," the exhibitor said. Exhibitors' financials and their stocks...