Spider-Man drives Cineworld revenues to near pre-pandemic levels

Film pulls in audiences across global business in December, pushing revenue to 88% of 2019 levels

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The Hollywood blockbuster Spider-Man: No Way Home pulled in the cinema crowds in December, driving Cineworld's box office revenues to almost 90% of pre-pandemic levels despite the rapid spread of Omicron over the festive season.

The world's second-largest cinema operator, the owner of the Cineworld and Regal Picturehouse chains in the UK and Regal Cinemas in the US, said that across its global business, box office and concession revenue hit 88% of 2019 levels in December. In the UK and Ireland revenues hit 89% of pre-pandemic levels, and 91% in the US.