Regal Cinemas owner Cineworld is filing for bankruptcy. The U.K.-based movie theater company is expected to file a chapter eleven petition in the U.S., where it operates around 500 Regal Cinemas.
This comes after Cineworld revealed lower than expected cinema admissions on Wednesday. In 2020, Cineworld saw its plans to acquire Canadian chain Cineplex collapse, which resulted in Cineplex winning a more than one-billion-dollar judgment over the failed acquisition.
Regal Cinemas operates the Warren Theaters in Wichita, along with theaters in Topeka, Lawrence and Kansas City.
