CMX Cinema owners seeks bankruptcy protection
By: Fernando Cervantes Jr.
USA today
..... Fro the second time in five years, the owner of CMX Cinemas, Cinemex Holdings USA, has field for Chapter 11 bankruptcy.
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The decisions was announced by Cinemex Holdings USA in a news release on July 1, [2025] with the company saying it would be looking to restructure its business operations. According to the news release, the company is expected to emerge form bankruptcy in the third quarter of the 2025 fiscal year.
..... "CMX currently anticipates emerging from Sub-chapter V during the first part of the third quarter of 2025 and is confident that a comprehensive financial restructuring is in the best interest of CMX, its stakeholders, and business partners overall," the release states.
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With a total of 28 locations across eight states, the dine-in movie theater chain said that it is "business as usual" at all of its locations.
..... "CMX continues to welcome customers to its Cinemas as usual, and this will not change during the Sub-chapter V proceeding," the release continued. "CMX expects employees will continue to receive their usual wages and benefits without interruption."
..... CMX cinemas has locations in Alabama, Florida, Georgia, Illinois, Minnesota, North Carolina, Ohio and Virginia.
..... The owners of CMX Cinemas previously filed for Chapter 11 bankruptcy in April 2020 due to the COVID-19 pandemic. The company was able to successfully emerge from bankruptcy protection in December of that year. [2020]
..... Contributing: Samantha Neely/fort Myers News Press