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Cineworld Snaps Up Iconic Leicester Square Cinema As Part Of £94M Deal

Empire Cinema

Cineworld purchased the 19th-century Empire Leicester Square cinema as part of a £94M acquisition and disposals exchange with Cinema Holdings Limited.The consideration for the deal will be half in cash and half in Cineworld shares.

The nine-screen multiplex is famous for being a go-to venue for big London film premieres. Cineworld also bought an 18-screen multiplex in Basildon, a 17-screen multiplex in Hemel Hempstead, a 16-screen multiplex in Poole and a four-screen cinema in Bromley.

The four main cinemas in the deal will be rebranded under the Cineworld banner, while the smaller Bromley site may operate under its boutique Picturehouse brand.

Related Topics: Leicester Square, Cineworld