Captain Haddock
- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,095
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,706
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.
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"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: 8,095
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 ..........................
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Ross Miller- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,706
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: 8,095
Agreed absolutely.
Please God, no calls for DDC to get involved.
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,879
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: 8,095
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.
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
