CINE meaning in Business ?

Answer:

What is Cineworld mean?

Cineworld Group is a British cinema company based in London, England. It is the world's second-largest cinema chain (after AMC Theatres), with 9,518 screens across 790 sites in 10 countries: Bulgaria, Czech Republic, Hungary, Ireland, Israel, Poland, Romania, Slovakia, United Kingdom and the United States. The group's primary brands are Cineworld and Picturehouse in the United Kingdom and Ireland, Cinema City in Eastern and Central Europe, Yes Planet in Israel, and Regal Cinemas in the United States.

As of March 2018, Cineworld was the leading cinema operator in the UK by box office market share (based on revenue). It operated, at that time, 99 cinemas and over 1,017 screens, including Cineworld Dublin—Ireland's single largest multiplex by screens and customer base. Cineworld Glasgow Renfrew Street is the tallest cinema in the world and the busiest, by customer base, in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

On 8 October 2020, Cineworld indefinitely closed its cinemas in the UK, Ireland, and United States, citing the delay of tentpole films due to the impact of the COVID-19 pandemic on cinema. CEO Mooky Greidinger said the cinemas would reopen when more film releases were scheduled.

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