Regal Cinemas Will Close All U.S. Locations

Video Credit: Wochit
Published on October 5, 2020 - Duration: 00:39s

Regal Cinemas Will Close All U.S. Locations

The Wall Street Journal reports that Regal Entertainment Group is likely to close all of its US locations.

According to Business Insider the company was ravaged as the coronavirus pandemic continues to wreak havoc on movie releases.

Chris Nolan's "Tenet" fueled the reopening of hundreds of theaters around the US.

However, studios postponed the release of several blockbusters, like the latest James Bond film "No Time To Die" Regal began reopening theaters in August.

It may shutter its more than 500 locations around the country amid low turnout.

Regal's plan aren't set in stone.

Sources familiar with the matter said a final decision could arrive Monday or Tuesday.

Advertisement

You are here

Related news from verified sources

Warner Bros.’ “Tenet” has passed $300 million at the global box office and $45 million domestically, grossing $2.7 million at U.S. theaters this weekend as...
on October 4, 2020 • The Wrap

Cineworld announced on Monday that it would “temporarily suspend” operations at all 543 Regal Cinemas locations in the U.S. as well as 127 movie theaters in...
on October 5, 2020 • The Wrap

Movie theaters are getting hit hard on Monday, with top cinema chains seeing their share prices drop double digits on Wall Street, after Cineworld, the parent...
on October 5, 2020 • The Wrap

Related videos from verified sources

Regal Cinemas Closing All U.S. Theater Locations 00:32
Video credit: KDKA CBS 2 Pittsburgh - Published on October 6, 2020 

Regal Cinemas Closing 13 Maryland Theatres, Suspends All US Operations Temporarily 00:33
Video credit: WJZ Baltimore - Published on October 5, 2020 

Regal Cinemas will temporarily close all US theaters on Thursday 00:31
Video credit: KTNV Channel 13 Las Vegas - Published on October 5, 2020 

You might like