As the COVID-19 virus continues to rage on with no end in sight, movies studios are once again having to shuffle their release schedules now pushing films in to late 2021 or dumping them on streaming services.
This has left movie theaters absolutely crippled once again. One major chain, Cineworld Group, which owns Regal Cinemas in the UK and US is shuttering it’s doors once again due to lack of content being released in the last 3 months of 2020.
The next James Bond film, No Time To Die, being pushed all the way in to 2021 was the final straw for the theater chain.
Cineworld is the second-largest movie-theater operator on a global basis as well as in the U.S., after AMC Entertainment HoldingsInc. The suspension of operations includes its 127 Cineworld and Picturehouse cinemas in the U.K.
“We are like a grocery shop that doesn’t have vegetables, fruit, meat,” Cineworld CEO Mooky Greidinger said in an interview. “We cannot operate for a long time without a product.”
What do you think about Regal shutting down operations? Do you think the movie-going experience will ever be the same? Let us know in the comments.