In the latest setback for an already struggling film industry, Regal, the second-largest U.S. movie theater chain, is closing its theaters two months after reopening. It’s a decision, made in response to the delay of “No Time to Die,” that underscores the immense fallout surrounding the fact that moviegoing just isn’t a popular activity during a pandemic.
It’s unclear at this point if other major operations like AMC Theatres or Cinemark will follow suit. Cineworld, Regal’s parent company, is also shuttering locations in the U.K. For independently owned and operated theaters, many of which are in small towns across the country, the pressure has been mounting for some time now, with many concerned about their chances for survival in a world without exciting new movies to offer. Many have scaled back hours and limited the number of days they are open. Others, like Regal,...
It’s unclear at this point if other major operations like AMC Theatres or Cinemark will follow suit. Cineworld, Regal’s parent company, is also shuttering locations in the U.K. For independently owned and operated theaters, many of which are in small towns across the country, the pressure has been mounting for some time now, with many concerned about their chances for survival in a world without exciting new movies to offer. Many have scaled back hours and limited the number of days they are open. Others, like Regal,...
- 10/5/2020
- by Rebecca Rubin
- Variety Film + TV
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