According to several reports, Regal Cinemas plans to close all of its US theaters, including 11 in New Jersey.
UK parent company Cineworld will shut down 543 US theaters indefinitely as well as its UK and Ireland locations after losing $ 1.64 billion in the first half of the year due largely to the coronavirus pandemic, Variety.com reported and Reuters.
The tipping point, according to Reuters, was the delayed release of the new James Bond film “No Time To Die”, from November to April 2021.
Theaters were allowed to reopen at 25% capacity in New Jersey last month after being closed since March when the pandemic began.
Crowds have been light in theaters across the United States since they reopened, Reuters reported.
Regal is the second largest theater chain in the United States behind AMC.
There are locations in New Jersey in Burlington Township, Turnersville, South Plainfield, Hamilton in Mercer County, Moorestown, Sewell, North Brunswick, Vineland, Mays Landing, Manahwakin and Phillipsburg.
Jeff Goldman can be reached at [email protected]. Follow him on twitter @JGoldmanNJ. Find NJ.com is Facebook.
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