The 39 new closings join 12 already folded Regal Cinemas locations after parent company Cineworld filed for bankruptcy in September.
Regal Cinemas is set to close 39 more theaters as the chain continues to crumble amid uncertainties for the industry’s future. The new closings join 12 already folded locations after parent company Cineworld filed for bankruptcy in September.
Regal is the second largest movie theater chain in the country, following AMC, but it has struggled in recent years from the pandemic and as viewer habits shift to streaming. The latest move will save the company $22 million as it works to maintain other locations, Cineworld told a court in a new bankruptcy filing Tuesday. As of Thursday, Regal Cinemas’ website says the company runs 505 theaters across the U.S. in 42 states.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Regal Cinemas to Shut Down 39 U.S. Theaters Amid BankruptcyRegal Cinemas, the second-largest chain of movie theaters in the U.S., will close 39 locations after its parent company Cineworld filed for bankruptcy in September, according to legal filings obtai…
Leer más »
Regal To Close Gallery Place Movie Theater, Two Others In MarylandThe chain is closing 39 movie theaters across the U.S., including in Maryland, as part of bankruptcy proceedings prompted by the pandemic.
Leer más »
Chagrin Cinemas says goodbye this weekend with three classic movies at throwback pricesFor $5, moviegoers can choose between “Jurassic Park,” “Grease” and “Back to the Future” Friday through Sunday. Proceeds from those sales will benefit the Special Wish Foundation of Cleveland.
Leer más »
Where to see Billie Eilish’s ‘Live at the O2’ in a local movie theaterCinemas throughout Southern California will screen the extended cut of the Grammy-nominated film for one night only on Jan. 27.
Leer más »
Suburban businesswoman obtained $440K in small business loans, bought yacht and Gucci dog collars: indictmentRay-Duncan is accused of using the fraud proceeds to purchase a Regal 35 Sport Coupe yacht, purses by Prada, Gucci and Saint Laurent, red leather dog collars by Gucci, sunglasses by Burberry, Gucci, Girogio Armani and Prada and scarves by MCM, Louis Vuitton, Saint Laurent, Gucci and Prada.
Leer más »