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Regal to Close All 536 Theaters in the US, AMC Vows to Stay Open

Regal Cinemas, the second-largest movie chain in America, will once again close its doors due to challenges posed by the pandemic. At the same time, Regal’s chief rival and America’s largest theater chain, AMC, vowed to stay open. Regal’s parent company, Cineworld, announced Monday that it will suspend operations at all 536 of its US movie theaters beginning this Thursday. The company specifically cited the dearth of upcoming releases as the main reason for the decision. In recent days, major blockbusters including James Bond’s No Time to Die and Dune have been pushed back to 2021. “Without these new releases, Cineworld cannot provide customers in both the US and UK — the company’s primary markets — with the breadth of strong commercial films necessary fo them to consider coming back to th...