Nuked cineworld, owner of the largest chain of theaters in the UK and Ireland, will reportedly close all its theaters next week, according to variety, the Sunday Times, and others.
All 543 theaters in the US will be closed, which account for the chain’s 7,000+ screens in the region.
No time to die was pushed back to April 2021 due to the ongoing pandemic. Theaters were counting on bond to arrive on time and help bail them out of poor ticket sales.
Cineworld’s employees learned from the Sunday Times that their 5,500-some jobs were in jeopardy. The news is coming as a shock to the employees, whose action group stated on Twitter that’there has been no consultation with staff whatsoever’.
Cineworld is planning to close all of its cinemas across the country this week. The front page of tomorrow’s times is announcing that the cinemas will close. There has been no consultation with staff whatsoever.
Cineworld reported a loss of $ 1.6 billion in the first half of 2020. Amc, the largest US theater chain, has experienced dire results due to the pandemic.
Disney/Pixar’s soul is still slated for theaters in November. Both Wonder Woman 1984 and dune were expected in December. It seems even more likely that they’d be delayed if these theaters are closed.
