Cineworld Group (CINE.L), the world's second-largest cinema chain operator, is preparing to file for bankruptcy, the Wall Street Journal reported on Friday, just days after warning that a lack of blockbusters would hit its liquidity in the near term.

Cineworld shares slump on report Regal-owner is preparing bankruptcy filing

Cineworld will close all of its UK and U.S. movie theatres later this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it strives to survive the impact of the coronavirus crisis on the film industry.

Cineworld shuts UK, US theatres impacting 45,000 jobs

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cineworld shuts-uk

Cineworld shares slump on report Regal-owner is preparing bankruptcy filing

Cineworld shuts UK, US theatres impacting 45,000 jobs