Regal Cinemas Shuts Down in U.S. Temporarily

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Regal Cinemas is temporarily closing down all of its U.S. locations while its parent considers UK closures as well.R.T. Watson reported the news for the Wall Street Journal:The second-largest cinema chain in the U.S. is closing all of its locations nationwide after reopening in August, escalating the pandemic-driven crisis facing the entertainment industry.Cineworld Group CNWGY 12.82% PLC’s Regal Entertainment Group’s decision to suspend operations at its more than 500 locations this coming Thursday follows a cascade of postponements for big-budget Hollywood films, most recently the James Bond title “No Time to Die.”Reuters’ Kate Holton and Aakriti Bhalla wrote:The Regal cinema…

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