Shares in Cineworld were trading up 6% in early deals on Tuesday.
A spokesperson said: "In line with recent adjustments to the schedule of upcoming movie releases, Cineworld will re-open its cinemas in the United Kingdom starting Friday July 31, subject to final clarifications and confirmation in relation to government Covid-19 restrictions". "With the ongoing pandemic, this new date remains subject to final confirmation". "With great films ahead, including "Mulan, ' 'Tenet, ' 'A Quiet Place Part II, ' 'Wonder Woman 1984" and many more, we can't wait to be back". Odeon said it would open doors that day itself, while Cineworld and Vue were set to open a week later on July 10.
However, some key USA territories, such New York City and Los Angeles, are yet to pass legislation permitting such a reopening, and other states have again shuttered businesses over the past few days following fears accelerated reopenings have led to an increase in infections. The knock-on though is there's little point cinemas opening their doors if they don't have much in the way of new movies to show.
Cirque du Soleil cuts 3,500 jobs to avoid bankruptcy
Cirque expects to emerge from the restructuring process as a much leaner entity with about 1,000 employees initially. In May, the Quebec government loaned the struggling Cirque $200 million as it attempted to restructure its finances.
USA states re-impose curbs as virus cases pass 2.5m
Only two USA states are reporting a decline in new coronavirus cases compared to last week - CT and Rhode Island. At least 12 states halted or rolled again their reopening ideas in hopes of curbing the distribute of the virus.