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Not a chain I'm familiar with. I wonder how they were doing a year ago.k Though twice in five years is not a good sign.
https://www.al.com/news/2025/07/movi...ankruptcy.html
https://www.al.com/news/2025/07/movi...ankruptcy.html
Movie theater chain with locations in 8 states, including Alabama, files for bankruptcy
\Published: Jul. 04, 2025, 10:07 a.m.
Cinemex Holdings USA, which owns the CMX Cinemas dine-in movie theater chain, has filed for bankruptcy. Michael Greenlar | syracuse.comMike Greenlar
Cinemex Holdings USA, which owns the CMX Cinemas dine-in movie theater chain, has filed for bankruptcy for the second time in five years,
Cinemex Holdings USA said the chain will continue to operate without interruption as it works to restructure its business operations, according to a news release.
“CMX will remain in possession and control of its assets. Existing management and the board of directors will remain in control of the business and CMX’s operations will continue without interruption,” the release states.
Cinemex Holdings USA is owned by the Mexican theater chain Cinemex and opened its first CMX Cinemas theater in the United States in Miami in 2017.
The chain currently has 28 locations across eight states including Florida, Georgia, Illinois, Minnesota, North Carolina, Ohio and Virginia, with two locations in Alabama in Gulf Shores and Tuscaloosa.
CMX Cinemas is not new to hardship. It also filed for bankruptcy in 2020 during the COVID-19 pandemic.
The company said it plans to continue operating “business as usual.”
“CMX continues to welcome customers to its cinemas as usual, and this will not change during the Subchapter V proceedings,” the release said.
The company said they expect to emerge from the bankruptcy proceedings in the third quarter of the 2025 fiscal year, according to the release.
“CMX, with the support of its secured lender, will seek to reduce its obligations, strengthen its balance sheet and restructure its business while protecting its employees and emerging in a stronger and more viable long-term financial position to continue serving customers across the United States,” the release states.
\Published: Jul. 04, 2025, 10:07 a.m.
Cinemex Holdings USA, which owns the CMX Cinemas dine-in movie theater chain, has filed for bankruptcy. Michael Greenlar | syracuse.comMike Greenlar
Cinemex Holdings USA, which owns the CMX Cinemas dine-in movie theater chain, has filed for bankruptcy for the second time in five years,
Cinemex Holdings USA said the chain will continue to operate without interruption as it works to restructure its business operations, according to a news release.
“CMX will remain in possession and control of its assets. Existing management and the board of directors will remain in control of the business and CMX’s operations will continue without interruption,” the release states.
Cinemex Holdings USA is owned by the Mexican theater chain Cinemex and opened its first CMX Cinemas theater in the United States in Miami in 2017.
The chain currently has 28 locations across eight states including Florida, Georgia, Illinois, Minnesota, North Carolina, Ohio and Virginia, with two locations in Alabama in Gulf Shores and Tuscaloosa.
CMX Cinemas is not new to hardship. It also filed for bankruptcy in 2020 during the COVID-19 pandemic.
The company said it plans to continue operating “business as usual.”
“CMX continues to welcome customers to its cinemas as usual, and this will not change during the Subchapter V proceedings,” the release said.
The company said they expect to emerge from the bankruptcy proceedings in the third quarter of the 2025 fiscal year, according to the release.
“CMX, with the support of its secured lender, will seek to reduce its obligations, strengthen its balance sheet and restructure its business while protecting its employees and emerging in a stronger and more viable long-term financial position to continue serving customers across the United States,” the release states.
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