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Regal Cinemas Will Close All U.S. Locations

2020-10-05 5 Dailymotion

The Wall Street Journal reports that Regal Entertainment Group is likely to close all of its US locations.<br />According to Business Insider the company was ravaged as the coronavirus pandemic continues to wreak havoc on movie releases.<br />Chris Nolan's "Tenet" fueled the reopening of hundreds of theaters around the US.<br />However, studios postponed the release of several blockbusters, like the latest James Bond film "No Time To Die"<br />Regal began reopening theaters in August.<br />It may shutter its more than 500 locations around the country amid low turnout.<br />Regal's plan aren't set in stone. Sources familiar with the matter said a final decision could arrive Monday or Tuesday.

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