Home > After 'No Time To Die' Is Delayed, Regal Cinemas Announces It May Shut Down

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After 'No Time To Die' Is Delayed, Regal Cinemas Announces It May Shut Down

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Regal Cinemas owner Cineworld says it is considering temporarily closing its theaters. CNN reports the news comes just a day after the latest James Bond film, "No Time to Die," was delayed until the spring of 2021. More than a dozen major films have either been delayed or skipped theaters altogether and gone digital, as in the case of Disney's 'Mulan.' Last month, Cineworld reported a loss of $1.6 billion in the first half of 2020 as revenue plunged by 67%. A spokesperson said Cineworld would update staff and customers on its decision 'as soon as we can.' It also warned of the need to raise more funds in case a second wave of coronavirus leads to more 'prolonged' shutdowns.

Added on the 04/10/2020 14:20:49 - Copyright : Wochit

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