Regal Cinemas to Close All 536 U.S. Theaters Again

REUTERS

More than 7,000 movie screens will be dark in the U.S. this weekend as the Regal theater chain said it will shut down all 536 locations on Thursday. The closure reflects “an increasingly challenging theatrical landscape” due to the COVID-19 pandemic and is temporary, the chain said.

Regal is shutting down theaters again less than two months after it started to reopen U.S. locations in late August. The decision was announced after the James Bond franchise’s No Time to Die was shelved until 2021, further pushing back a release that had already been delayed.

Regal is the second-largest film exhibitor in the U.S., after AMC Theatres. It is a subsidiary of Cineworld Group, which is based in the U.K. – where the corporation is also closing more than 100 theaters.

Roughly 40,000 Regal employees across the U.S. now face a work furlough, the company told NPR. More than 5,000 employees in the U.K. will also be affected, the BBC reported.

“This is not a decision we made lightly, and we did everything in our power to support a safe and sustainable reopening in the U.S.,” said Mooky Greidinger, CEO of Cineworld, noting the chain’s safety precautions for staff and moviegoers.

In a statement, Greidinger emphasized that “there has been no evidence to date linking any COVID cases with cinemas.” He also aired frustration that Regal can’t yet operate in New York state, a key U.S. market, although some indoor venues such as bowling alleys and casinos have been allowed to resume business.

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SOURCE: NPR, Bill Chappell