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Regal Cinema temporarily shuts down

Cineworld is temporarily closing all 536 of its Regal Cinema locations in the U.S., just a day after the James Bond film “No Time to Die” was pushed to April 2021, according to the Wall Street Journal. The second-largest cinema chain reopened to lackluster demand in August.

  • Long road back: After witnessing moviegoers’ subdued interest in “Tenet,” Warner Bros said it was moving “Wonder Woman 1984” to Christmas Day, from October. Walt Disney quickly followed suit, shifting release dates on 10 titles, including bumping its Marvel spinoff “Black Widow” by six months. These delays are a major blow to theaters, and there’s a chance more could be forced to close given the lack of new content on the horizon. 
  • Be Smart: In states such as California and New York, theater owners large and small have expressed bewilderment as authorities have allowed some indoor establishments such as restaurants, bowling alleys, and churches to open with capacity restrictions while requiring theaters keep their doors closed. [WSJ+Variety]

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