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A Texas bankruptcy court has signed off on the closing of 47 theater locations, as Cineworld looks to shrink its theater footprint through Chapter 11.
  • Cineworld has sought to exit its leases for 130 theaters in the US.
  • A bankruptcy court in Texas has already approved its plan to walk away from 47 of those locations.
  • Cineworld filed for Chapter 11 bankruptcy in September.

Cineworld has sought to close 130 movie theaters in the US over the course of its ongoing bankruptcy in Texas, according to court filings.  

The company, which runs a number of Regal, Eastgate, and other theater locations, filed for Chapter 11 in September, and has since filed motions to exit the leases of "unprofitable, underperforming, or otherwise undesirable" theaters, according to a filing in March.