Cineworld Could close US and UK Theatres after Bond Movie delay

LONDON — Cinema series Cineworld said Sunday it’s contemplating closing all of its film theaters in Britain and the USA, following the postponement of the new James Bond movie left a major hole in programs.

Cineworld Group PLC possesses 543 Regal cinemas from the U.S. and 128 Cineworld places from the U.K. and Ireland.

It said it had been”considering that the temporary closing of the U.K. and U.S. cinemas, but the last decision hasn’t yet been attained.”

“After a choice has been made we shall upgrade all customers and staff when we could.”

The announcement came following the Sunday Times noted that Cineworld’s U.K. and Ireland theatres will be closed indefinitely in the forthcoming weeks, setting up to 5,500 individuals from work.

The paper and other outlets reported that Cineworld intends to write into U.K. Culture Secretary Oliver Dowden stating theatre is now”unviable” since studios are postponing blockbuster releases due to the coronavirus pandemic.

Staff stated they hadn’t been informed or educated regarding closures.

“If those reports are accurate, then the very first people Cineworld ought to be advising are their employees that will endure as a consequence — not the Sunday papers,” said Philippa Childs, head of the amusement employees’ union BECTU.

British movie theaters started to reopen in July, but Childs explained”the stark reality is that with no new releases it’s improbable that footfall increases to a degree which makes opening financially workable.”

Producers stated last week the 25th James Bond thriller, “No Time to Die,” due to open in November, has been postponed until April 2021 due to the impact of the outbreak on the theatrical organization.

Other important studios have made similar conclusions within the last couple of weeks.