Cineworld to Close All Regal Cinemas, U.K. Venues in Response to ‘No Time to Die’ Delay

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Cineworld to Close All Regal Cinemas, U.K. Venues in Response to ‘No Time to Die’ Delay
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Cineworld is closing all of its movie theaters in the U.K. and Ireland, putting up to 5,500 jobs at risk in the U.K.

that there was no certainty around its COVID-19 outlook. In a forward-looking statement, the firm said, “If governments were to strengthen restrictions on social gathering, which may therefore oblige us to close our estate again or further push back movie releases, it would have a negative impact on our financial performance and likely require the need to raise additional liquidity.”

“No Time to Die,” starring Daniel Craig in his final stint as the agent formerly known as 007, will hit theaters a year later than initially planned.MGM

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