Regal owner reportedly planning to suspend movie theater operations
Cineworld, the owner of Regal, is reportedly planning to close its movie theaters across the United States, United Kingdom, and Ireland this week as studios continue to push back the release of major films, like the upcoming James Bond installment No Time to Die, because of the coronavirus pandemic. The plan isn't definite, The Wall Street Journalreports, but source said a final decision should be reached early this week. Cineworld, which is the second largest movie theater operator in both the world and the U.S. (where it operates 546 sites and employs thousands), had begun reopening its venues earlier in the summer. But after a shaky box office performance from Christopher Nolan's blockbuster Tenet,studios are now leaning toward postponing their most expensive features until its safer for audiences to return to theaters en masse.

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