MIAMI, FL– April 26, 2020 – Miami-based movie theater chain hurt by coronavirus pandemic says it needs concessions from studios and landlords. The owner of theater chain CMX Cinemas has filed for bankruptcy protection, saying it needs breathing room from movie studios and landlords because of the economic crisis triggered by the coronavirus pandemic.
Cinemex Holdings USA Inc., which has 41 CMX Cinemas locations in 12 states, filed for chapter 11 protection Saturday in U.S. Bankruptcy Court in Miami, where it is based.
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