Cineworld Short Seller: Equity Holders 'Will Get Zero'

The video discusses Cineworld's financial troubles, highlighting its excessive debt and aggressive acquisition strategy in a declining cinema industry. Barry Norris, a financial expert, explains how Cineworld's management failed to adapt to industry changes and the pandemic's impact. The discussion covers the unsustainable capital structure, the role of streaming services, and the lessons learned from Cineworld's decline. It concludes with insights into debt recovery and the future of equity holders.

In what ways did the cinema industry face structural decline, according to the discussion?

What do you think will happen to equity holders and convert holders in Cineworld's bankruptcy process?