News

Regal Cinemas parent company considering bankruptcy

3 years ago in Local

Photo: KGMI/Dave Walker

BELLINGHAM, Wash. – The company that owns Bellingham’s Regal Cinemas is considering bankruptcy, but the screens will not be going dark.

CBS News reports that British company Cineworld Group is considering filing for bankruptcy in the U.S. in order to reduce its debt.

The company struggled during the pandemic, losing $2.7 billion in 2020 and $566 million in 2021.

It says it’s had a gradual recovery but attendance is still below expectations.

The company promises its theaters will be open for business as usual while it works on its finances.

Recent Headlines

6 hours ago in Community Events, Entertainment, Lifestyle, Local

Officials review world record polar plunge attempt in Birch Bay

The Birch Bay Chamber of Commerce says that they'll continue to provide updates on the record verification process in the coming weeks.

1 day ago in Entertainment, Lifestyle, Lifestyle Lookout, Local, Outdoors

Lifestyle Lookout: Mount Baker, Local Seafood, Improv and Live Music

Our first Lifestyle Lookout of the new year features plenty of activities in Whatcom County to nourish mind, body and spirit.

2 days ago in Environmental, Lifestyle, Local Experts, Native Advertising, Northwest Clean Air Agency

Fresh Air, Fresh Start: Small Steps for a Healthier New Year

To check the daily air quality forecast or learn more about burning regulations in your specific area, visit www.nwcleanairwa.gov.

2 days ago in Features, Health and Wellness, Lifestyle, Local Experts, Native Advertising, Pest Control Expert

Winter Pests You Can’t See but Shouldn’t Ignore: What Hides in Your Crawl Space and Attic

Bio Bug says early detection is key. Addressing hidden winter pests now can prevent larger infestations as weather warms in the spring.

2 days ago in Features, Heating and AC Expert, Holiday Guide, Lifestyle, Local Experts, Native Advertising

How Cold, Wet Northwest Washington Winters Affect Your Heating System — and How to Protect It

Preventive attention early in the winter can help heating systems operate more efficiently, extend their lifespan and reduce the risk of midwinter breakdowns when temperatures drop and service demand peaks.