As audiences gingerly return, cinemas face a new problem
If Hollywood keeps postponing big releases, many theatre chains will struggle to survive
IT IS TURNING out to be a long intermission. Cinemas across the West closed in March and, despite attempts to reopen in the summer, the box office has not recovered. From October 9th Cineworld, the world’s second-largest chain, will temporarily shut its 536 Regal theatres in America and its 127 British outlets. AMC, the biggest, will cut the opening hours at some Odeon cinemas in Britain.
This article appeared in the Business section of the print edition under the headline “Curtains”
Business October 10th 2020
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