As some of you may have heard, the upcoming James Bond film ‘No Time To Die‘ was pushed back again over the weekend. Instead of releasing this November, it’s now expected to drop on April 2, 2021.
This was a huge blow to cinemas across the world, ’cause they were counting on the movie to bring back the crowds come November.
But now? They don’t know what they’re going to do, and on Monday it was confirmed that Regal Cinemas owner Cineworld Group will be temporarily suspending operations in the U.S. and the U.K.
In response to an increasingly challenging theatrical landscape and sustained key market closures due to the COVID-19 pandemic, Cineworld confirms that it will be temporarily suspending operations at all of its 536 Regal theatres in the U.S. and its 127 Cineworld and Picturehouse theaters in the U.K. from Thursday, 8 October 2020.
They talked about how the lack of new releases is making it difficult to attract customers.
Without these new releases, Cineworld cannot provide customers in both the U.S. and the U.K. — the company’s primary markets — with the breadth of strong commercial films necessary for them to consider coming back to theaters against the backdrop of COVID-19.
The closure will impact at least 45,000 employees. They did not say when they would return, but sources believe it won’t be until 2021. Although some speculate that if the upcoming Wonder Woman film does get released in December, they might reopen a month early.
Hopefully theaters are able to come back strong in 2021. I’m so hopeful for that. I love going to the movies, and it would be sad to see them go under.
I’m optimistic though. If the virus eases in 2021, then it could be a record year for theaters with all the new releases coming out. It’ll be one giant release after the other…IF ALL GOES ACCORDING TO PLAN.