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"Cinema Park" chain began to close cinemas in Moscow shopping centers

Cinemas of the Cinema Park/Formula Kino chain have been recently closed in several shopping centers in Moscow. It happened due to the current economic situation and falling revenue. The partners are negotiating the possibility of withdrawing from the contracts, but litigation is not ruled out. According to a representative of the cinema chain, the closure of the outlets is an extreme step, and they can resort to it in a situation if the site becomes unprofitable. At the same time, two cinema...

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