The world's third-largest movie theatre chain Cineworld Group plc, which owns 505 Regal theatres across the country, is preparing to file for bankruptcy in the US. The United Kingdom-based company said it's faced a loss of income due to poor attendance since reopening theatres in 2021 and there not being enough films produced. Cineworld Group had a net debt of $5 billion at the end of 2021, according to a report by .
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