Regal Cinema’s owner Cineworld has confirmed that it is considering temporarily closing all its cinemas in the US, UK and Ireland this week as it struggles to cope with the declining audience due to the coronavirus pandemic.
“We can confirm that we are considering closing our British and American cinemas temporarily, but a final decision has not yet been made,” the company said in a tweet published on Sunday, October 4. “Once the decision has been made, we will update all staff and customers as soon as we can. ”
We can confirm that we are considering closing our cinemas in the UK and US temporarily, but a final decision has not yet been made. Once a decision has been made, we will update all staff and customers as soon as we can.
̵1; Cineworld Cinemas (@cineworld) October 4, 2020
Before Cineworld’s announcement, several media reports over the weekend suggested that the last straw for the company had been the decision to postpone the launch of the next James Bond film, No time to dieto April 2021 due to the pandemic. Theaters will have relied on high-profile production to increase revenue at this challenging time.
Regal is the second largest theater chain in the United States after AMC Theaters and operates 7,211 screens in 549 locations in 42 states, while Cineworld operates approximately 128 theaters in the United Kingdom and Ireland. It is not yet clear if all sites would be closed or just a few, or when they would reopen.
Regal, along with AMC, closed its US theaters in March 2020 when the pandemic began to take hold. Five months later, in August, the chains gradually began to reopen their sites. But with larger studios continuing to play with release dates and pandemics showing some signs of waning, a vicious circle has developed where audiences will not participate unless there is something new to see, and studios will not release new films until theaters stop. open and the audience begins to return.
Cineworld is expected to offer an update on the situation in the coming days.
If you continue to avoid theaters at the moment, here are some ideas for what you can watch this month on Netflix, Hulu, Amazon Prime and Disney +.