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Cineworld signs 25-year O2 deal

Cineworld, the UK’s second largest cinema chain, has won a contract to run the O2’s multiplex cinema for the next 25 years. It began operating the 11-screen venue on Friday, having inked the deal with O2 owner AEG Europe. Analysts said the site, which produced turnover of £4.1m last year, would add £600,000 to Cineworld’s sales. Cineworld described O2 as a “landmark”.