The arrival of Daniel Craig's final James Bond in November was meant to signal a return to normalcy, with more big budget titles including Dune and Wonder Woman 1984 to follow in December. If you do not adjust your settings, you are consenting to us issuing all cookies to you. Join Fandango VIP For Free (It only takes a few seconds to join) Already a Fandango VIP? Regal Cinemas owner Cineworld is closing all movie theaters in the U.S. after James Bond film "No Time to Die" was delayed until 2021. On … Cineworld blamed the “increasingly challenging theatrical landscape and sustained key market closures” due to Covid-19, exacerbated by the recently announced delays of releasing James Bond’s “No Time to Die” and other anticipated blockbuster films like “Wonder Woman 1984.” The 007 film was originally scheduled to open in April, then shifted to November, and will now tentatively hit theaters in April 2021. Last month, Cineworld reported a loss of $1.6 billion in the first half of 2020 as revenue slumped by 67%. Indoor movie theaters have remained closed in New York state since March, but were allowed to reopen in other states. In its statement on Monday, the company said it was “assessing several sources of additional liquidity and all liquidity raising options are being considered.”, More than a dozen major films, including “Black Widow,” “Tenet” and “Wonder Woman 1984,” have either been delayed or skipped theaters altogether and gone digital, as in the case of Disney’s “Mulan.”, (© Copyright 2020 CBS Broadcasting Inc. All Rights Reserved. Refunds + Exchanges. © 2020 Advance Local Media LLC. The British company did not say when the theaters would reopen, only saying “until further notice.”. We are especially grateful for and proud of the hard work our employees put in to adapt our theaters to the new protocols and cannot underscore enough how difficult this decision was,” said Mooky Greidinger, CEO of Cineworld. Read exclusive stories only found here. >> Movies. Black Widow, Candyman, Ghostbusters: Afterlife, and The Quiet Place II have already been moved to 2021, with Hollywood banking on the world returning to some sort of normalcy by spring. Movies. James Bond used his license to kill on an entire theater chain this week. The real reason all 543 movie theaters owned by Regal Cinemas are shutting down, © 2020 Looper.com. Regal Cinemas To Close Movie Theaters Temporarily Again. 197 Shares. ©2020 CBS Broadcasting Inc. All Rights Reserved. Regal La Habra, a #CinemaSafe theatre, is now open! (AP Photo/Jae C. Hong)AP. Discover it all at a Regal movie theatre near you. CNN’s Jazmin Goodwin and Charles Riley contributed to this report. Entertainment Weekly is a registered trademark of Meredith Corporation All Rights Reserved. Entertainment Weekly may receive compensation for some links to products and services on this website. The group owns 127 theaters in the United Kingdom, including Picturehouse Cinemas, and 536 theaters in the United States. However, there are precious few movies — big budget or otherwise — still scheduled for a 2020 theatrical release.
"There has been no consultation with staff whatsoever.". Regal Cinemas ‘temporarily’ closing all 536 movie theaters: When, where, why, info on ticket refunds Updated Oct 05, 2020; Posted Oct 05, 2020 There are 11 Regal Cinemas … Stimulus Check Update: Nancy Pelosi Says Sides 'Making Progress' Towards Deal After President Trump Urges Action, Tom Brady Watch: QB Throws 5 TDs For First Time Since 2017, Leads Bucs In Comeback Victory, I-Team: Local Vigilante Uses Time Off During Pandemic To Catch Criminals, Patriots Place Running Back Sony Michel On IR, It Happens Here: Quincy Quarries A Destination For A New Crowd, New England Fall Foliage Past Peak Up North After Reports Of 'Massive Leaf Drop', Two Motorcycles Crash In Lakeville; One Operator Killed, When Can Cam Newton Return To Patriots? We know life happens, so if something comes up, you can return or exchange your tickets up until the posted showtime. The closures will affect 45,000 employees. News of the shutdown came as a surprise to many Cineworld staff. The news comes just days after the latest James Bond film, “No Time to Die,” was delayed until spring 2021 — the latest blow to the movie industry. With cinemas in Los Angeles and New York City still closed, and the theaters that are open relying primarily on low budget films to draw movie lovers in, theater owners across the world are struggling to keep their doors open until Hollywood begins releasing blockbusters again. “Cineworld will continue to monitor the situation closely and will communicate any future plans to resume operations in these markets at the appropriate time, when key markets have more concrete guidance on their reopening status and, in turn, studios are able to bring their pipeline of major releases back to the big screen,” CEO Mooky Greidinger said in a statement.
"The front page of tomorrow's Times is announcing that Cineworld is planning to close all of its cinemas across the country as soon as this week putting all of our jobs at immediate risk," the group stated. Refunds + Exchanges. James Bond used his license to kill on an entire theater chain this week. Learn more. Check out movie showtimes, find a location near you and buy movie tickets online. Shortly you will receive confirmation on your e-mail. Although rumors abound as to how temporary the new closures will be, parent company Cineworld Group will only confirm that conversations are ongoing. Learn more. It is the world’s second largest movie theater business after AMC. Discover it all at a Regal movie theatre near you. Experience the ultimate in movie sight and sound, Regal Sits Down with the Stars of The Last Shift, Knives Out Sequel Will Feature Daniel Craig and a Whole New Supporting Cast, Avatar 2 Has Completed Filming, James Cameron Confirms, Gal Gadot: 5 Times She's Proved Herself to be a Real-life Wonder Woman, Eddie Redmayne Confirms Filming Has Started on Fantastic Beasts 3, The Batman Resumes Production With Robert Pattinson, All rights reserved Regal Theatres 2020 ©, Take a minute to become part of the My Cineworld community. These are market forces that are at play and without the great content to draw people to the theater, it makes business sense right now to hit reset again. While the root cause of the decision goes back to the coronavirus pandemic wreaking havoc on the movie industry, the deciding factor was No Time to Die's release date being moved to April 2021, after previously being scheduled to hit theaters in November 2020. Moviegoers and theaters alike should brace for more bad news in the days to come. Sign In.
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