Cinema Chains Try to Shed Debt to Survive Netflix Era: The Brink

Welcome to The Brink. It’s Irene Garcia Perez and Thomas Seal in London, where we asked experts what the future of cinema theaters will look like as Cineworld wraps up a bankruptcy court restructuring. We also have the latest on Virgin Orbit, Bed Bath & Beyond and real estate bonds. Follow this link to subscribe. Send us feedback and tips at igarciaperez@bloomberg.net or Tweet/DM to @irenegperez.

Lagging Revenues

Stop me if you’ve heard this one before: A theater chain loads up on debt to fund an acquisition spree, only for everything to fall apart as its massive obligations leave little cushion ...