Cineworld's hedge fund backers are drawing up plans to return the cinema operator to the public markets amid continuing uncertainty about the future of dozens of its British sites. Sky News has learnt that the company's owners are at the early stages of considering a New York listing for the business, with the first half of 2026 considered a likely window for it to take place.
Documents circulated as part of the restructuring plan process highlighted the fact that the company did not have sufficient funding to meet a quarterly rent bill on June 24 of £15.9m. 'Absent this funding, the UK Group would have been insolvent on a cashflow basis,' they said. Other cinema operators, such as Odeon, are now poised to step in to take over small numbers of Cineworld's other sites.