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the empire cinema chain collapse, leaving sunderland and wigan with no cinemas. cineworld has fallen into administration. audiences aren't going to the cinema. well, i mean, ithink audiences are coming back to cinema in good numbers, post—covid. i mean you have to bear in mind that in a world in which, you know, production was very much slowed down, but also the doors of cinemas were literally closed. in some places for an entire year and other places they open and shut. hollywood stopped releasing its movies. you know, the recovery from that is complicated, but i think it's actually going well. and i think we're seeing a lot more films being released now, which is certainly a good thing. should the theatrical window be longer? i think the average at the moment in 2023 is 30 days. yeah, it should absolutely be longer. the idea that the theatrical window needed to be made shorter is a fallacy. it was a fallacy. it was a short term thinking. it is short term thinking to appeal
The world's second largest cinema chain has stressed that the move will not impact its British operations and its sites will remain open and operate as usual
hello, again. we're telling you about the movies before the break. what on earth is going on. the man in the know. here he is. good morning. >> good morning. we found an announcement from cineworld, major player in this country. they've got more than 700 sites around the world including 128 in this country. that includes the picture house chain. the company said this morning it's going to be going into administration this. is part of a long-running saga in which the country is essentially being overwhelmed by its debts, which according to a statement in the u.s. came to some 8.8 u.s. billion dollars. it was a business founded really very aggressively on the back of expansion plans and involved a lot of borrowing along the way. however, during the pandemic the company was brought to its knees. no one was allowed to go to the