Cineworld Reports Strong Post-COVID Return in the U.K., U.S.
Naman Ramachandran, provided by
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Regal Cinemas owner Cineworld has reported a strong return in the U.K. and U.S. markets as cinemas reopen in a post-COVID scenario.
In the U.K. the recovery is led by the strong box office performance of “Peter Rabbit 2: The Runaway.” Cinemas reopened in the U.K. on May 17 and the film led the box office with collections of $6.4 million, including a remarkable $2.5 million on Saturday.
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“This weekend’s performance went beyond our expectations as customers were eager to return to the movies and enjoy the full movie experience, including the traditional popcorn which led to strong concession income,” Cineworld said in a statement.