In response to MGM’s No Time to Die moving out of the Thanksgiving corridor to Easter weekend 2021, Cineworld is closing down 128 of its UK and Ireland cinemas as well as its U.S. Regal chain…
This is the first massive exhibition casualty during the pandemic. It remains to be seen how long the closure is, and according to studio sources, if true, it’s just bad for overall moveigoing consumer confidence and sends an erratic message as to whether movie theaters are really open or closed. To date, none of Regal’s NY or Los Angeles locations have open.
The Sunday Times in the UK teased the front page of their edition tonight, which had the news about Cineworld’s closure, expected to impact 5,500 jobs.Regal’s Edwards Cinema in Canyon Country, CA, 36 miles north of Los Angeles, is part of the nation’s ghost towns of theater closures.Variety reports that Regal is also closing those cinemas its reopened from its 543 theater count. Deadline has reached out to Regal for confirmation of that news, however the chain is radio silent.
In the U.S., Regal is the No 2 chain with 7,155 screens in 543 theaters in 42 states. They closed in mid-March due to the pandemic, and reopened just prior to Warner Bros.’ release ofending June 30, issued the following grim statement as they wrangle $8.2 billion in debt: “There can be no certainty as to the future impact of COVID-19 on the Group.
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