Cineworld Weymouth site to be 'reclaimed' by landlord
Cineworld has confirmed the closure of its Weymouth location, with the landlord reclaiming the site.
Other Cineworld venues across the country, including the Tower Park site in Poole, will also be shutting down.
The impending closure of the Weymouth cinema was first reported two weeks ago, after staff at the New Bond Street venue announced it would cease operations on December 30, following unsuccessful proposals to the site’s landlord.
READ:
Weymouth Cineworld cinema complex to close on December 30
The company, a part of the world's second-largest cinema chain, has faced challenges since the Covid pandemic, with audience numbers yet to return to pre-pandemic levels.
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The restructuring has allowed the cinema company to tackle "unsustainable operating costs" through various cost-saving measures.
One key initiative involved adjusting rents to market levels at several UK locations, achieving substantial savings.
The company stated that these changes "strengthen the foundation for future profitability" and "protect thousands of jobs" across the UK.
Meanwhile, a petition was launched to preserve the Weymouth cinema complex, a long-standing fixture in the town for many years.
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