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Hundreds of Regal, Cineworld movie theaters to close - Black News Channel

  • Oct 5, 2020
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By The Associated Press undefined LONDON (AP) — Shares in the company that owns the Regal, Cineworld and Picturehouse movie theaters fell as much as 58% after it said it will temporarily close the venues because delays to the latest James Bond film left it with few blockbusters to attract customers during the pandemic. Cineworld Group Plc said Monday that 536 Regal cinemas in the U.S. and 127 Cineworld and Picturehouse venues in the U.K. would close on Thursday. Some 45,000 employees are affected. The company has high debts and is, like the wider industry, struggling with the effects of […]

The post Hundreds of Regal, Cineworld movie theaters to close appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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