Nearly 20 additional Cineworld cinemas are facing the threat of closure next month amid crunch talks with landlords.
Sky News has learnt that the company has compiled a list of 18 sites across the UK which could shut before Christmas if deals are not reached with their owners.
If negotiations to keep them open fail, the closures would add to five already shut during the summer, taking the total to 23.
Cineworld recently secured court approval for a restructuring plan which imposed steep rent cuts on many of its cinemas’ landlords.
The controversial plan attracted opposition from a string of blue-chip landlords, including British Land and Land Securities, but won sufficient support from creditors to be pushed through.
The uncertainty over a further 18 sites contradicts the company’s assertion in August that only five sites would close and that reports that roughly 25 were at risk were “inaccurate”.
A spokesperson for Cineworld said: “We want to reassure our customers and staff that we have no plans to close any additional cinemas beyond the five already closed.
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“However, there are 18 cinemas left within our estate where we are awaiting further communications from landlords regarding their intentions.
“We are pleased to confirm that none have served notice to date, and we remain hopeful that they will work with us to keep these cinemas open.”
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Documents circulated as part of the restructuring plan process highlighted the fact that the company did not have sufficient funding to meet a quarterly rent bill on June 24 of £15.9m.
“Absent this funding, the UK Group would have been insolvent on a cashflow basis,” they said.
Other cinema operators are now poised to step in to take over some of Cineworld’s other sites.
The company trades from more than 100 locations in Britain, including at the Picturehouse chain, and employs thousands of people.
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Cineworld grew under the leadership of the Greidinger family into a global giant of the industry, acquiring chains including Regal in the US in 2018 and the British company of the same name four years earlier.
Its multibillion dollar debt mountain led it into crisis, though, and forced the company into Chapter 11 bankruptcy protection in 2022.
It delisted from the London Stock Exchange in August 2023, having seen its share price collapse amid fears for its survival.
Cineworld also operates in central and Eastern Europe, Israel and the US.
It is “pretty surreal”, Academy Award winner Reese Witherspoon admits, finding herself at the top of The New York Times bestsellers list.
When I meet the actress alongside her co-writer, best-selling author Harlan Coben, overnight the pair have learned that their thriller is now at number one.
He jokes: “I was texting her last night and saying you’ll now have to call yourself number one bestselling novelist, forget about Oscar winner!”
Image: Reese Witherspoon and Harlan Coben told Katie Spencer about their novel Gone Before Goodbye
As one of the most successful authors in the world, Coben has sold over 80 million books to date, while for Witherspoon this is new ground.
Not content with running a hugely successful production company responsible for a string of hits, as well as one of the most successful book clubs in the world, she explains she felt compelled to give writing a try.
“People want you to stay in your lane… as a creative person I think it’s impossible to just choose one kind of life.
“Creativity is infinite and who I was as a creative person when I was 20 is very different from the person I am now at 49.”
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Gone Before Goodbye, a thriller about a talented surgeon who finds herself caught up in a deadly conspiracy, is the result of Witherspoon daring to put her head above the parapet.
Image: Witherspoon says she felt compelled to give writing a try
Coben admits he was “a little wary” at first.
“I don’t co-write novels but when she made the pitch and started talking about it, I was like ‘dang that’s good, we can do something with that’.”
While countless celebrities work with ghostwriters, Coben says: “I said to her from day one ‘it’s only going to be you and me in here… no third person in here, I don’t do that’. So every word you [read] comes from Reese and me.”
Image: Coben has sold over 80 million books to date, while for Witherspoon this is new ground
Witherspoon explains: “He was like ‘if we’re going to do this, it’s going to have to be at a really high level because people going to expect a lot, so our bar was really high.”
“I said to her, in the beginning, novels are like a sausage,” Coben laughs. “You might like the final taste, but you don’t want to see how it was made and Reese got to see the full sausage getting made here.”
When it came to writing, Coben says they “fell into a rhythm right away”, working together in three-hour stints, “back and forth with a yellow legal pad – what about this? What about that?”
Image: Coben says they ‘fell into a rhythm right away’
Witherspoon says it “feels really deeply personal” to have their work now in print.
“Usually, as an actor, I walk into other people’s worlds and it’s already set up… but this was creating the whole world with Harlan and just from beginning to end feels very personal.”
While the story seems an obvious fit for being adapted to the screen, perhaps with a certain blonde actress in the leading role, Coben says that was never their intention.
“The biggest, biggest mistake novelists make when you write a book is to say ‘this would make a really great movie’. A book is a book, a movie is a movie, and we both focused on wanting this to be just a great reading experience.”
Given that their collaboration is already selling in big numbers, will the pair team up again to write a second?
Witherspoon says: “Let’s just see what people think of this one first.”
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Associate professor of neurology Dr Laura Stein told Sky’s US partner NBC News: ” The most well-described risk factors include a predisposition [family history of aneurysm], high blood pressure, cigarette smoking and inflammation.”
She went on to explain that most fatal ruptured aneurysms are in the brain, killing about one in three patients.
“When it’s a blood vessel that’s in the head and it bleeds, there’s a much higher risk of having a very bad problem just because the brain is enclosed in a fixed space,” Dr Stein added.
Low-risk aneurysms are monitored by doctors for growth or abnormalities, and there are a series of potential treatment options for those considered dangerous.
Elsewhere in The Kardashians clip, Kim admitted that her ex-husband Kanye West will be in her life “no matter what” because of the four kids they share together.