Overview
- Cinemex Holdings USA (CMX) initiated a second Subchapter V Chapter 11 filing in early July 2025 to reorganize its U.S. operations.
- The U.S. subsidiary will maintain normal theater screenings, honor supplier payments, and keep its membership program active during restructuring.
- Debt reduction measures include renegotiating commercial leases and adjusting financial obligations to strengthen the balance sheet.
- CMX Cinemas aims to complete its reorganization in the early third quarter of 2025.
- Cinemex’s Mexican network, owned by Germán Larrea’s Entretenimiento GM, operates independently and remains unaffected by the U.S. process.