British cinema operator Cineworld recently announced that it has secured a $250mn debt facility from a clutch of private institutional investors. The recent funding is expected to help the cinema operator to prepare for reopening of theatres following the easing of coronavirus-led lockdowns globally. The funding is also significant for the company as it had […]
Tag: entertainment industry
Online ticket booking platform BookMyShow has recently downsized its employee count across offices in India and international markets. The downsizing exercise reportedly impacted about 18% of its workforce or 270 employees. The recent development at the company comes at a time when entertainment businesses like Cinemas, theater and cultural events have to come to a […]