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London Cinemas Face Empty Seats as Olympics Shutters Stage Plays
Jul 26th 2012, 10:20

London cinemas are bracing for a fortnight of empty seats after the Olympic Games opens on July 27, losing sales during one of their busiest months, while half of the city's theaters will take the night off. "If we get a lot of gold medals as Team GB, a lot of people will be stuck to their TV screens," said Philip Bowcock, the chief financial officer of Cineworld Group Plc (CINE) in London, the U.K.'s biggest cinema chain by share of box office revenue. "It will be challenging." More than six million visitors are set to attend the games, which run until Aug. 12, according to the London Media Centre, the capital's official press hub for the...

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