Cinema sales ; COMPANIES TODAYDEAL [Newcastle Journal (England)]
(Newcastle Journal (England) Via Acquire Media NewsEdge) Cineworld is facing the sale of cinemas in three areas after being told its takeover of the Picturehouse chain could lead to higher prices for film fans.
Highlighting its concern about the impact in Aberdeen, Bury St Edmunds and Cambridge, the Competition Commission said it may order the group to sell cinemas to a rival business in these areas. Cineworld operates 79 cinemas in mainly out-of-town locations, while Picturehouse's 21 outlets tend to be smaller locations.
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