Movie studios have delayed dozens of big releases over the past six months as cinemas sat empty or showed films only to limited audiences.
The postponed titles include likely blockbusters such the superhero movies Wonder Woman 1984 and Black Widow along with A Quiet Place Part II and Candyman. In addition, Disney shifted several high-profile releases to online-only, including Mulan.
“The prolonged closures have had a detrimental impact on the release slate for the rest of the year, and, in turn, our ability to supply our customers with the lineup of blockbusters they’ve come to expect from us,” Greidinger said. “As such, it is simply impossible to continue operations in our primary markets.”
While the company calls the closures temporary, it did not name a date for a possible resumption of business, saying it will “continue to monitor the situation closely.”
The Regal theater chain — the second-biggest in the U.S. — will shut down all of its 536 locations on Thursday.
Roughly 40,000 Regal employees across the country now face a work furlough, the company tells NPR.https://t.co/qP151LBrUJ
— NPR (@NPR) October 5, 2020