The future of Cineworld on the Isle of Wight is in doubt as it is announced more than 100 cinemas across the country are at serious risk of closure.
As previously reported by Island Echo, Cineworld fell into administration last year sparking concern for the future of the chain in the UK.
The company has struggled to get bums on seats following the COVID pandemic due to a lack of blockbuster films hitting the big screen. This has been exacerbated by the fact other films are going straight to streaming services such as Netflix.
Now, the cinema giant has issued an update saying that a buyer is yet to be found, which casts further doubt on the future of 129 Cineworld and Picturehouse cinemas up and down the country – including at Coppins Bridge in Newport.
Although a number of businesses have expressed an interest in buying Cineworld, none of them are willing to pay cash to buy the entire business.
There is serious concern about what will become of the multiplex if it was to close, with fears that yet another blow is about to hit Newport.
A spokesperson for Cineworld said:
“The company has now received non-binding proposals from a number of potential transaction counterparties for some or all of the group’s business.
Article continues below this advertisement “The company is reviewing such proposals in conjunction with its advisers and key stakeholders and, whilst no decision has been made as to whether to pursue a sale transaction, and the terms of any such transaction remain uncertain, based on the proposals received to date, it is not expected that any sale transaction will provide any recovery for the holders of the company’s equity interests.”
Cineworld Isle of Wight remains open as normal.
Full list of 129 cinemas at risk as of February 2023
Cineworld:
- Aberdeen – Queens Links
- Aberdeen – Union Square
- Aldershot
- Ashford
- Ashton-under-Lyne
- Barnsley
- Basildon
- Bedford
- Belfast
- Birmingham – Broad Street
- Birmingham – NEC
- Boldon Tyne and Wear
- Bolton
- Bracknell
- Bradford
- Braintree
- Brighton
- Bristol
- Broughton
- Burton upon Trent
- Bury St Edmunds
- Cardiff
- Castleford
- Cheltenham
- Chesterfield
- Chichester
- Crawley
- Dalton Park
- Didcot
- Didsbury
- Dover
- Dundee
- Eastbourne at The Beacon
- Edinburgh
- Ely
- Falkirk
- Glasgow – Parkhead
- Glasgow – Renfrew Street
- Glasgow – Silverburn
- Gloucester Quays
- Harlow – Harvey Centre
- Harlow – Queensgate
- Haverhill
- Hemel Hempstead
- High Wycombe
- Hinckley
- Hull
- Huntingdon
- Ipswich
- Leeds – White Rose
- Leigh
- Llandudno
- London – Bexleyheath
- London – Enfield
- London – Feltham
- London – Hounslow
- London – Ilford
- London – Leicester Square
- London – South Ruislip
- London – The O2 Greenwich
- London – Wandsworth
- London – Wembley
- London – West India Quay
- London – Wood Green
- Loughborough
- Luton
- Middlesbrough
- Milton Keynes
- Newcastle upon Tyne
- Newport – Friars Walk
- Newport – Isle of Wight
- Newport – Spytty Park
- Northampton
- Nottingham
- Plymouth
- Poole
- Rochester
- Rugby
- Runcorn
- Rushden Lakes
- Sheffield
- Shrewsbury
- Solihull
- Speke
- Stevenage
- St Helens
- St Neots
- Stoke-on-Trent
- Swindon – Regent Circus
- Swindon – Shaw Ridge
- Telford
- Wakefield
- Warrington
- Watford
- Weston-super-Mare
- Weymouth
- Whiteley
- Witney
- Wolverhampton
- Yate
- Yeovil
- York
- Dublin
Picturehouse:
- Ashford
- Bath – Little Theatre Cinema
- Brighton – Duke of York’s
- Brighton – Duke’s at Komedia
- Cambridge – Arts
- Edinburgh – Cameo
- Exeter
- Henley-on-Thames – Regal
- Liverpool – Fact
- London – Bromley
- London – Clapham
- London – Crouch End
- London – East Dulwich
- London – Finsbury Park
- London – Fulham Road
- London – Greenwich
- London – Hackey
- London – Picturehouse Central
- London – Ritzy
- London – Stratford
- London – The Gate
- London – West Norwood
- Norwich – Cinema City
- Oxford – Phoenix
- Southampton – Harbour Lights
- York – City Screen
The company has struggled to get bums on seats following the COVID pandemic due to a lack of blockbuster films hitting the big screen.
no – it is the lack of good films to watch – top gun sold out, day in day out, whereas the bulk of the films being produced are full of woke messaging, tick box casting rather than quality of actors, weak scripts littered with political statements and endless re-inforcing of hollywoods gender and race agenda.
you only get bums on seats if you get good films to watch – this is what happens when the studios push out their woke drivel – no one wants to watch it, so cinemas go bust.
Sadly all t.v produced now is going the same way.
Actors must be tick-list acceptable. The crims always the ‘white’ guy, the rich lawyers, head of Police etc always black, add gender mix and the cast is picked.
Even doing the same with our History programmes.
They will search ten thousand bones or skulls to find on fragment to then ‘show’ and mention loudly that ‘Britain has always had ‘immigration’ as an ‘African’ bone fragment is supposedly found.
Then the ‘happy street scene’ can be the ‘artists impression’ of a well to do African merchant strolling alongside us as peasants.
Such is the race card can even alter fact and history now.
Not paying our license is all we can do to fight back.
of course it is – every advert would have you believe that the entire country lives in multi racial families.
and the double standards are there for all to see – apparently it is ok for black actors to play white historical figures, yet I don’t see a white person being cast as malcom x or martin luther king.
LGBTQ were, until recently complaining about straight people playing a non straight role, until it backfired when it was pointed out that LGBTQ cannot play a straight role then.
Wow Ive. You really do not like non white, non British people do you? I thought we’d moved on from these kinds of xenophobic attitudes years ago. Guess I was wrong.
No, the racism towards white people is getting worse
Grow up.
The reason people aren’t going to the cinema is because of the cost, the fact they can see the same thing at home a few weeks after the cinema release (and direct to streaming hits like Banshees), and the sad fact that good original movies are in short supply (too many remakes, prequals, sequels, etc).
Most people don’t give a damn whether their TV and movie heroes and villains are black, white, brown, or even blue (Avatar), green (Shrek). They just want to see a great movie.
Incidentally, the current UK box office No1 features a black actor as the main villain.
It’s only saddos like you who go to the cinema and pay attention to the skin colour of the actors.
Couldn’t agree more and you got voted down for it – sad sad world
No, I go to the cinema to watch a movie, not be lectured to about climate change, gender or race through the lame scripts – the woke narrative is woven into the fabric of the movies, which completely destroys the essence of escapism, that watching a movie is supposed to be about.
when i watch movies that are based in historical fact – I expect the characters to resemble, as close as possible the actual people they are portraying and having someone who is black play a white historical character is wrong and insulting to white people, when there are plenty of perfectly good white actors to play the part. Maybe we should cast more white people as black historical characters and see how upset the black lives matter groups get
isle of wighter, what a delight to have someone who ‘tells it as it is’.
The BBC are one of the worst putting these beings into every aspect of British life and the more unlikely the situation the more certainty that ‘one of them’ will be placed in that obscure position.
What I am unclear of is whether this is a Government enforced thing to ‘try’ to appease the growing mass of criminals who, with lawyers wording, then blame our society for their shortcomings by us ‘alienating’ them, so they have to have them now on every ad, every programme and as said, even alter our history to ‘shoe horn’ them in where they don’t belong now.
We were so much better off without, you have to be older to know the difference though.
Alan yet NOTHING is mentioned about the numbers of unwanted children awaiting adoption discarded by such, nor the disproportionate number in jail, or such numbers being born in maternity wards, nor the yesterday raising of the ‘age’ of marriage due to ‘arranged marriage’ by these beings, nor the genital mutilation of children by such, nor the gang rapes just on young white girls, nor the swindling of billions on such landlord rental cheating the system, etc etc etc.
ONLY the ‘good’ can now be mentioned, hence the deathly silence for most of the time, and colour is now never mentioned when someone is stabbed shot raped acid attacked or what other delights they inflict on their hosts.
this whole thread white fragility at its finest 😀
Thank you Wighter, any film that shows a globe is an instant walk out from me. They want us to believe that the earth is round but never show us any evidence! But we know the truth.
From the get-go it was said it was laid out to Tesco’s supermarket specs.
Let’s see if the rumour comes to fruition.
Full of chavs and low life making taking children there unpleasant anyway, so no great loss.
All you have is hate.
Hey, it’s offensive to call them chavs. But I agree all these children and young adults need to go back home!
Their*. Uneducated people make susceptible targets for hate groups, and laser pens. Follow the balloon sparky!!!!
I’m honestly not surprised I was going to see a film with daughter but it’s around £20 and that’s before the parking headache. A shame though.
As most with children get free or cheap rent and council tax, along with free school meals, whether they clones are in or out of school, free uniforms, free school transportation, extra help with cost of living AND fuel than others, along with ONLY working 16hours a week and so having free time to enjoy their thousands paid in tax credit or universal credit, then I expect finding £20 is not difficult for most.
Just than many would rather spend their child’s benefits on dope, harder drugs, alcohol, designer clothes, fancy cars, phones, makeup, nails and lashes FIRST, then whinge ‘poverty’ and get given more by the gullible fall for such lies.
Add claiming to be single, and growing dope in the loft and ‘that’ is the reality now.
grow up! what a prejudiced mind you have about (single) parents. Who brought you up? Santa Clause?
Guys, guys look! Here’s that ounce of attention you ordered, you trashy brainless tool!
Knock it down and replace it with a market as it use to be selling produce directly from farmers and Island businesses, forget supermarkets and ferries with inflated prices.
Who would want a market right next to a main road? All the produce would be covered in car grime.
cinemas are finished costs more to open the doors than they take in
If cinemas were not so greedy with ticket prices and.food prices there would be no issue.
In my old town there’s an independent cinema that has maintained 5 pound tickets to this day, guess what, always full, business booming.
You get what you deserve.
I do feel for the staff though.
Guess what there is an independent cinema in Ryde as well – even cheaper at £4!!
Yes but not very comfortable in there though is it ? And always seems cold. But it is much cheaper.
Is Cineworld on the Island even open. I thought they were closed since Covid as there have been no films advertised on their electronic display since before Covid.
Try looking in the internet they have been open for quite a long time after covid!!
As I regularly visit KFC and have not seen advertising on their electronic board, I would not have thought them to be open and wouldn’t waste time going online.
The internet is too hard for me, I don’t want to learn new things at my age.
Last time I went I was shocked by the price.Not just to get in.Drinks,popcorn etc.If you really want to see a film in the cinema.Go to Ryde.A marvellous little cinema with friendly staff and 3 screens if I recall.Bus there and back from Newport for £4 now.One of cheapest cinemas in uk at about £3 to get in.Buy some sweets all under a tenner.Better to support them then some company.
Went there recently to watch the new avatar film and for one adult and one child with 3D glasses was around £27. With popcorn sweets and drinks around £45. It’s far superior to the ryde cinema but very expensive.
If this closes then hopefully die hard cinema goers will use Ryde Cinema. I went to Cineworld a handful of times but every time I did go it was over air conditioned and I wasn’t warm enough and it was far to loud. Decided I would give it a miss.
I’m here so I can identify all the racists, the people obsessed with what they call “woke agendas” (the rest of us call it decency), and the absolute garbage hot-takes. And it’s safe to say it wasn’t a wasted journey. Why don’t you guys just get National Front tattoos and protest in front of Asian food establishments, no point in half-a**ing your racism, is there?
I was in Ant Man 3 last night and had the screen to myself. Why pay so much to go to the cinema when you can wait 56 days and get it on Disney+, especially for families, a 2 hour trip to the cinema is a ridiculous outlay, £3.50 for a bag of Malteasers £4.90 for a slushie?! It’s nuts.
There is no ‘e’ in Chaff either, if you are up for identifying the ‘uneducated’ thought it best I point it out.