Over the weekend, Cineworld confirmed that they were considering temporary closure of all their Regal Cinemas locations in the United States as well as all of the theaters they own in the United Kingdom. At the time, it was merely an option they were considering in the wake of No Time to Die officially opting out of being released in theaters this year and shifting to a new date in April 2021. Now Cineworld has confirmed they will be closing all of their U.S. and U.K. movie theaters this week, and fellow U.K. theater chain Odeon will also be shutting their doors, but only during weekdays. Read More »
Last week, the James Bond franchise sequel No Time to Die became the latest blockbuster to have its theatrical release delayed to 2021. That may have been the last bit of hope that movie theaters had for staying open through the rest of the year, because Cineworld is seriously considering the temporary closure of all their Regal Cinemas theaters in the United States, as well as all of their cinemas in the United Kingdom. Read More »
This week, AMC Theatres and Universal Pictures sent shockwaves through Hollywood by sparking a new deal that would shorten the window between the theatrical release of a movie and its debut on VOD to just 17 days. The theatrical window has been a sticking point between studios and movie theaters for a long time, and it’s also been a big issue for Netflix when it comes to getting their original movies to play on the big screen. This new deal could set a new precedent that could change the distribution model forever.
And Regal Cinemas’ parent company Cineworld isn’t happy about it at all. Read More »