Cineworld — the second largest global chain behind AMC — confirmed it was considering the closure of its sites, of which it has more than 120 in the U.K. and roughly 500 in the U.S. but a 'final decision has not yet been made'
was to temporarily close its cinemas in the U.S. and U.K.In a tweet, Cineworld — the second largest global chain behind AMC — confirmed it was considering the closure of its sites, of which it has more than 120 in the U.K. and roughly 500 in the U.S. but a"final decision has not yet been made."
We can confirm we are considering the temporary closure of our U.K. and US cinemas, but a final decision has not yet been reached. Once a decision has been made we will update all staff and customers as soon as we can.The news — which sent shockwaves around the industry and prompted fears that other cinema chains would follow suit — came just a day after MGM announced that the latest 007 instalmentto April 2021, effectively leaving cinemas with no further major studio titles launching in 2020.
Speaking to BBC Radio 5, head of the UK Cinema Association Phil Clapp said that the closure of more cinemas was inevitable. "I think at the moment, without any major titles between now and the end of the year there are few other options for many venues," he said."Cinema is a customer business and when customers can’t be persuaded to come back because there aren’t the film titles there, the options you have to continue operating are very limited."
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