The world’s second-largest cinema operator, the owner of the Cineworld and Regal Picturehouse chains in Britain and Regal Cinemas in the US, said that across its global business, box office and concession revenue hit 88% of 2019 levels in December. In the UK and Ireland revenues hit 89% of pre-pandemic levels, and in the US they hit 91%.
Cineworld credited the phenomenal success of the latest Spider-Man film which has taken £80m in Britain despite the reintroduction, days before its release, of face masks in cinemas to curb the spread of Omicron. It has become the only film to make more than $1.5bn (£1.1bn) globally since the pandemic began.
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