Cineworld Confirms “Temporary Suspension” Of Theatres In U.S. & UK From Thursday

Just last week, after the surprise shutdown of Cineworld (and thus, Regal Cinemas locations) in the US and UK, AMC Theatres came out and told everyone that things should be just fine and the world’s largest cinema chain had no plans to shut down its theaters. Well, it appears that the CEO might have been speaking a bit too optimistically, as new statements from AMC point to a company on the verge of collapse.

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Boris Johnson with a plea to “save cinemas to avert job losses and a cultural blackout”.Last week, it was confirmed that the cinema chain would temporarily suspend its operations in the US and UK amid the COVID-19 pandemic, putting thousands of jobs – including 5,500 in Britain – at risk.Cineworld’s CEO Mooky Greidinger has written to Johnson urging him to reinstate the furlough scheme that benefitted the company’s employees during the previous closure earlier this year.The UK government is

Nancy Tartaglione International Box Office Editor/Senior ContributorWith Cineworld and Picturehouse cinemas temporarily closed in the UK from this past Friday, Cineworld Group CEO Mooky Greidinger has written to UK Prime Minister Boris Johnson asking the government to reinstate the furlough program that benefited employees under the exhibition giant’s previous COVID-imposed closure, while also suggesting other measures to aid the industry.

Anthony D'Alessandro Editorial Director/Box Office EditorIn the wake of Cineworld’s decision to shutter its UK venues and Regal U.S. theaters, AMC, the No.

Cineworld will be closing all its UK and US venues.The chain confirmed earlier today (October 5) that it would “temporarily” shut its cinemas, putting 45,000 jobs at risk – including 5,500 in the UK – amid the coronavirus pandemic.Reacting to the news, Johnson told the press (via Metro): “Obviously we hope to reduce, to keep the numbers of people who lose their jobs down as much as we can, but clearly there are going to be tough times ahead.“That’s why we’ve already invested £190billion in

The fallout of the “No Time to Die” delay has had an absolutely massive effect on the future of the theatrical business. Not only is it likely that other films will move out of 2020 and take their chances in 2021, but Cineworld (parent company of Regal Cinemas and the second-largest theater chain in the world) has also decided to close its doors beginning this week due to the lack of business.

The boss of Cineworld has cited the “wrong decision” of film studios shifting release dates of titles as a contributing factor to the temporary closure of its theatres in the UK and the US.

Nancy Tartaglione International Box Office Editor/Senior ContributorEXCLUSIVE: Cineworld Group, the world’s second biggest exhibition chain, today announced plans to temporarily close its Regal movie theaters in the U.S. and its Cineworld and Picturehouse sites in the UK as coronavirus wreaks havoc with the industry.

coronavirus pandemic.

with the company tweeting yesterday (October 4) that “a final decision has not yet been reached” on whether to continue operating.In an announcement to the City this morning (October 5), Cineworld confirmed that it had now decided to temporarily suspend its operations — putting 45,000 jobs, including 5,500 in the UK, at risk.“Cineworld confirms that it will be temporarily suspending operations at all of its 536 Regal theatres in the US and its 127 Cineworld and Picturehouse theatres in the UK

cinemas in the UK and US, bosses confirmed. It comes after a number of huge blockbuster release dates were delayed, in a bid to secure bigger audiences.

according to the Sunday Times.It is believed that the company plans to reopen its cinemas next year but 5,500 staff will be asked to accept redundancy, with the possibility of rejoining when locations can open again.The decision is thought to have been at least partially driven by the delay in the latest 007 blockbuster, which was set to be released this spring but will now not be hitting the screens until April 2021.Bosses at Cineworld are expected to write to Prime Minister Boris Johnson and

cinema chain after the news of site closures and potential job losses broke over social media. The Sunday Times reported that the firm could close theatres across the country due to the coronavirus pandemic.

Anthony D'Alessandro Editorial Director/Box Office EditorThe town is still shell-shocked by yesterday’s news about Cineworld’s pending indefinite shutdown of its UK theaters this coming week and what we’re hearing now looks to be an expected partial shutdown of the U.S. No.