October 2020

Regal Cinemas Is Closing in the US and UK

Regal Cinemas Is Closing in the US and UK. Parent company Cineworld announced that 536 Regal theaters will be closed as of Oct. 8. The announcement also affects 127 Cineworld and Picturehouse theaters in the U.K. The company's theaters had just reopened in August following COVID-19 shutdowns. We are like a grocery shop that doesn’t have vegetables, fruit, meat. We cannot operate for a long time without a product, CEO Mooky Greidinger, to 'The Wall Street Journal'. According to 'The Guardian,' the closures will affect nearly 40,000 employees of the second-largest theater chain in America. Regal will continue to monitor the situation closely and will communicate any future plans to resume operations at the appropriate time, .., Cineworld, via statement.... 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. , Cineworld, via statement