Jump to content
society

Regal Cinemas, Cineworld might close all theaters next week


EuphoricVibez

Featured Posts

EuphoricVibez

Cineworld, owner of the largest chain of theaters in the UK and Ireland and the second-largest in the United States — Regal Cinemas — will reportedly close all its theaters next week, according to Variety, The Sunday Times, and others.

Variety reports that all 543 theaters in the US will be closed, which account for the chain’s 7,000+ screens in the region. The Sunday Times reports that it will close all 128 theaters in the UK and Ireland, too.

Both say James Bond is the reason.

Yesterday, the 25th James Bond film — No Time to Die — was pushed back to April 2021 due to the ongoing pandemic, denying theaters one of the last major tentpole releases due out this year. Apparently, theaters were counting on Bond, specifically, to arrive on time and help bail them out of poor ticket sales.

The news is coming as a shock to Cineworld’s employees, whose action group stated on Twitter that “there has been no consultation with staff whatsoever,” and that they learned from The Sunday Times that their 5,500-some jobs were in jeopardy.

https://www.theverge.com/platform/amp/2020/10/3/21500538/regal-cineworld-theaters-shut-down-james-bond-us-uk

He/him/his
Link to post
Share on other sites

Delaying 007 again is such a heavy blow to the industry, if they aren't careful there won't be any cinemas left to show the film when it comes out! Nolan did well to release Tenet when he did, because even though it won't make back a lot of money, it's still broken even, and it helped the industry and got butts in seats. I think Disney should have released Mulan in UK cinemas as well, you can get a seat for £7 rather than paying £19.99 on Disney Plus and it would have helped the cinema chains. 

Link to post
Share on other sites

Sad news...no cinema, no theatre, no concerts, can't attend sporting events here in the UK...our government is systematically damaging our economy and society, who knows what will be left...utter madness...theres a song called Ghost Town by the Specials which was released in 1981, which sums it all up

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...