Captain Haddock
- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,397
#1
"The world is still a weird place, despite my efforts to make clear and perfect sense of it".
Dr. Hunter S Thompson
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,709
#2
Given they have filed for Chapter 11, I do not see it as an immediate threat to their cinemas in the UK.
The likelihood is that they will either successfully renegotiate/restructure their debt with their lenders and/or sell off underperforming assets. Those assets sold off will be sold on a going concern basis and the purchasers will be looking to run them.
The only worry is if they are unable to satisfactorily reschedule/restructure their debt and get forced into Chapter 7 bankruptcy, then all bets are off and they will likely fire sale assets/foreclose on leases etc.
alexiatrade likes this
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Captain Haddock- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,397
#3
Interesting one Ross.
What I do know is that I can drive to Westwod Cross with my carer to enjoy unlimited free parking. the cheapest fuel in the area, watch the same film as I can see in Dover at the Vue for £4.99, poke around some half decent shops like M&S with floors of clothes and eat in a choice of food outlets.
And all with zero chance of getting caught up in Operation Brock, Tapp and Bobtail.
Must admit the only time I entered the Dover Cineworld was when it was being built and was told by a senior council officer how wonderfully the RSJs had been cut as they didn't always meet at right-angles and the challenge of getting all the deliveries to arrive in sequence.
Meanwhile in the middle of London people were building the Shard on a plot the size of a postage stamp ..........................
"The world is still a weird place, despite my efforts to make clear and perfect sense of it".
Dr. Hunter S Thompson
Ross Miller- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,709
#4
From a residents perspective the best outcome would be if the uk cinemas were sold to another operator who was prepared to be price competitive - fingers crossed eh
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Captain Haddock- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,397
#5
Agreed absolutely.
Please God, no calls for DDC to get involved.
"The world is still a weird place, despite my efforts to make clear and perfect sense of it".
Dr. Hunter S Thompson
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,931
#6
I stopped going to the cinema years ago because the sound was far to loud, I do not feel I have missed out on anything.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Captain Haddock- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,397
#7
Realistically, other than such as Opera from the Met, all of the film's which we thought were 'worth going to see' have been on TV within months.
"The world is still a weird place, despite my efforts to make clear and perfect sense of it".
Dr. Hunter S Thompson
