2nd Largest Cinema Chain In US Considers Closing All Theatres

LOS ANGELES (United States), Oct. 5  — Regal Cinemas, the second-largest theatre chain in the United States, is considering closing all 543 of its theatres in the country due to continued revenue losses from the COVID-19 pandemic, reported Xinhua news agency.

Regal’s British parent company Cineworld said Sunday it is considering the move. However, “fifty Regal locations are expected to keep operating during weekend hours.”

“We can confirm we are considering the temporary closure of our UK and US cinemas, but a final decision has not yet been reached. Once a decision has been made, we’ll update all staff and customers as soon as we can,” Cineworld tweeted.

In the United States, Regal is the No. 2 chain after AMC with 7,155 screens in 543 theatres in 42 states. They closed in mid-March due to the pandemic, and reopened where they could just prior to Warner Bros.’ release of “Tenet.”

Deadline, a leading online entertainment industry news site, reported Sunday that the local cinema was hit by not only fewer viewers who are hesitating to see movies but also studios who continue to delay the release of big films amid the coronavirus pandemic.

The development came shortly after Universal and MGM announced that the release of the latest James Bond film, “No Time to Die,” would be postponed until April 2021. Large chains such as Regal count on blockbusters like the Bond films to sustain operations.

Sources: BERNAMA

Adib Mohd

Recent Posts

From Cookies to Classrooms: Starbucks Raises Over RM100K to Revive Centre for the Deaf

What if your sweet tooth could change lives? Since 2018, Starbucks Malaysia has raised over… Read More

17 hours ago

Tous les Jours Expands in Malaysia with New Outlets at Sunway Pyramid and Sunway Velocity

Malaysian fans of delectable K-inspired baked goods will be delighted to hear that Tous Les… Read More

23 hours ago

Stitch Lands in KL, Disney’s Blue Menace Takes Over Pavilion This School Holiday

Get ready for a school holiday filled with tropical vibes as Pavilion Kuala Lumpur transforms… Read More

24 hours ago

Malaysia Gears Up for Southeast Asia’s First Smart City Expo, Here’s Why You Should Care

Kuala Lumpur just flipped the switch on something big. The 100-day countdown to Smart City… Read More

24 hours ago

Ejen Ali: The Movie Review, A Next-Level Win for Malaysian Animation

Ejen Ali: The Movie 2 isn’t just a sequel, it’s a bold upgrade that proves… Read More

1 day ago

When Creativity Meets Comfort: LEGO® and IKEA Malaysia Reimagine Home Decor

When Creativity Meets Comfort: LEGO® and IKEA Malaysia Reimagine Home Decor With its latest collection… Read More

3 days ago

This website uses cookies.