Regal considers closing all U.S. theaters after new Bond movie ‘No Time to Die’ delayed to 2021

Cinema chain Cineworld said Sunday it is considering closing all its movie theaters in Britain and the United States, after the postponement of the new James Bond film left a big hole in schedules.

Cineworld Group PLC owns 543 Regal Cinemas in the U.S. and 128 Cineworld venues in the U.K. and Ireland. Regal is the second-largest exhibitor in the U.S., after AMC Theatres.

It said it was “considering the temporary closure of our U.K. and U.S. cinemas, but a final decision has not yet been reached. Once a decision has been made we will update all staff and customers as soon as we can.”

Many U.S. theaters have reopened after being shuttered by the coronavirus in March, but so far audiences have been slow to return as the country has continued to struggle with spikes and hot zones. Christopher Nolan’s thriller “Tenet,” which had been expected to be a hit before COVID-19 hit, has only made $45 million domestically compared to $262 million overseas.

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