CNN

Regal Cinemas may shut down theaters across the US this week

Oct 4, 2020, 2:54 PM | Updated: 3:12 pm
Regal Cinemas shutdown...
A Regal Cinemas movie theater is viewed during a new coronavirus pandemic, Friday, Oct. 2, 2020, in Winter Park, Fla. (Phelan M. Ebenhack via AP)
(Phelan M. Ebenhack via AP)
Originally Published: 04 OCT 20 14:15 ET

(CNN) — Cineworld Group, the owner of Regal Cinemas, said it is considering temporarily closing its theaters “but a final decision has not yet been reached.”

The news comes just a day after the latest James Bond film, “No Time to Die,” was delayed until spring 2021 — the latest blow to the movie industry.

Regal is the second-largest cinema chain in the United States after AMC, with more than 500 theaters. A spokesperson for the company said Sunday it would update staff and customers on a decision “as soon as we can.”

News of the possible shutdown came as a surprise to many Cineworld staff. Cinema Action Group, a collective of Cineworld employees in the UK, tweeted on Saturday, “there has been no consultation with staff whatsoever.”

Variety first reported that Cineworld could shutter all of its Regal Cinema venues in the United States, the UK and Ireland this week, citing people familiar with the matter.

After closing for several months during coronavirus lockdowns, Regal in July began reopening most of its 778 theaters world-wide.

Last month, the Regal Cinema owner reported a loss of $1.6 billion in the first half of 2020 as revenue slumped by 67%. It also warned of the need to raise more funds in case a second wave of coronavirus leads to more “prolonged” shutdowns.

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.”

The-CNN-Wire
™ & © 2020 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

Today’s Top Stories

CNN

USGS posted two photos on Monday from a Civil Air Patrol flight which shows the Mauna Loa volcano e...
Chandler Holt

Hawaii’s Mauna Loa is erupting for the first time since 1984

The world's largest active volcano, Mauna Loa on Hawaii, is erupting for the first time in nearly 40 years. Though lava is flowing down one side of the volcano, the eruption in Hawaii Volcanoes National Park is not threatening communities.
1 day ago
Flowers and stuffed animals are lined up outside a sign along Pullman Road in Moscow, Idaho, to pay...
Elizabeth Wolfe and Eric Levenson

University of Idaho students return from break, no arrests in homicides

After more than two weeks since four students were fatally stabbed, students at the University of Idaho returned to class on Monday.
1 day ago
Former Vice President Mike Pence is seen here with audience members after appearing at at CNN town ...
Veronica Stracqualursi, CNN

Pence says Trump was ‘wrong’ for dinner with Holocaust denier

Former Vice President Mike Pence says former President Donald Trump was wrong for having dinner with a Holocaust denier and should apologize for it.
1 day ago
In this image provided by NASA, the Earth and its moon are seen from NASA's Orion spacecraft on Mon...
Jackie Wattles, CNN

NASA’s Orion reaches record-breaking distance from Earth

NASA confirmed that Orion had reached the midpoint of its uncrewed mission around the moon — about 270,000 miles (434,523 kilometers) from Earth.
1 day ago
People wait in line to enter Macy's department store during Black Friday in New York City on Novemb...
Jordan Valinsky, CNN Business

Online Black Friday sales set a new record

Online shopping is expected to remain strong through Cyber Monday.
2 days ago
U.S. First lady Jill Biden receives the official 2022 White House Christmas Tree at the White House...
Kate Bennett, CNN

First lady Jill Biden chooses ‘We the People’ as holiday theme

Biden will officially unveil the holiday decorations and make remarks on Monday alongside leadership of the National Guard and their families.
2 days ago

Sponsored Articles

Happy joyful smiling casual satisfied woman learning and communicates in sign language online using...
Sorenson

The best tools for Deaf and hard-of-hearing workplace success

Here are some of the best resources to make your workplace work better for Deaf and hard-of-hearing employees.
Team supporters celebrating at a tailgate party...
Macey's

8 Delicious Tailgate Foods That Require Zero Prep Work

In a hurry? These 8 tailgate foods take zero prep work, so you can fuel up and get back to what matters most: getting hyped for your favorite
christmas decorations candles in glass jars with fir on a old wooden table...
Western Nut Company

12 Mason Jar Gift Ideas for the 12 Days of Christmas [with recipes!]

There are so many clever mason jar gift ideas to give something thoughtful to your neighbors or friends. Read our 12 ideas to make your own!
wide shot of Bear Lake with a person on a stand up paddle board...

Pack your bags! Extended stays at Bear Lake await you

Work from here! Read our tips to prepare for your extended stay, whether at Bear Lake or somewhere else nearby.
young boy with hearing aid...
Sorenson

Accommodations for students who are deaf and hard of hearing

These different types of accommodations for students who are deaf and hard of hearing can help them succeed in school.
Young woman receiving laser treatment...
Form Derm Spa

How facial plastic surgery and skincare are joining forces

Facial plastic surgery is not only about looking good but about feeling good too. The medical team at Form Spa are trained to help you reach your aesthetic outcomes through surgery and through skincare and dermatology, too.
Regal Cinemas may shut down theaters across the US this week