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Entertainment Cineworld to close UK cinemas following blockbuster delays

14:05  04 october  2020
14:05  04 october  2020 Source:   digitalspy.com

Cineworld 'to close all cinemas in the UK and Ireland this week'

  Cineworld 'to close all cinemas in the UK and Ireland this week' Cineworld will close all of its cinemas in the UK, Ireland and US this week because of the impact of coronavirus, a Reuters news agency source has said. © Getty COVID-19 notices at a Cineworld cinema in Leicester Square, central London It follows the announcement that upcoming Bond film No Time To Die has been pushed back to April, after it was set to be released in cinemas next month.Cineworld could shut all of its 128 UK and Ireland cinemas, putting up to 5,500 jobs at risk, according to The Sunday Times.

Global cinema giant Cineworld is set to close its UK sites in the coming weeks, it has been reported. The Sunday Times says the firm is writing to Prime Minister Boris Johnson and Culture Secretary Oliver Dowden to say the industry is now "unviable". It will tell them the sector has been hit by the delays of

The U . K . theater chain Cineworld is reportedly closing all 128 of its locations due to the industry becoming "unviable". As for Cineworld , while there has been no official comment about the matter from Cineworld Group PLC, chief executive of the UK Cinema Association Phil Clapp told the Daily

Cineworld is to close all of its UK cinemas following recent delays to the release of big blockbuster movies.

a flat screen tv sitting in a dark room: Cineworld to close all UK cinemas following blockbuster film delays including James Bond's No Time To Die, with cinema chain set to close up to 128 venues. © Getty Images Cineworld to close all UK cinemas following blockbuster film delays including James Bond's No Time To Die, with cinema chain set to close up to 128 venues.

Daniel Craig's highly-anticipated final James Bond outing No Time To Die had its release date pushed back again this week, moving from November 12 this year to April 2, 2021, while other major movies including F9 have also recently been postponed again.

Cineworld To Close All UK, US And Ireland Cinemas After Delay Of New James Bond Film

  Cineworld To Close All UK, US And Ireland Cinemas After Delay Of New James Bond Film Cineworld is closing all its cinemas in the UK, US and Ireland this week after studios pulled major releases such as the latest James Bond film. The closure of its 128 sites in Britain will put up to 5,500 jobs at risk. The world’s second-biggest cinema operator, which employs 37,482 people across 787 venues worldwide, has been hit hard by the coronavirus pandemic and last month posted losses of £1.3 billion. The release of the new James Bond movie, “No Time To Die”, was pushed into next year on Friday, crushing hopes for a 2020 industry rebound as rising rates of the coronavirus prompt new restrictions and keep viewers away.

Cineworld , one of the world's largest cinema firms, said that revenue would come in lower than expected due to weak box office takings. Cineworld ( CINE . L ) on Tuesday warned that full-year revenues would come in “slightly below” expectations, in part blaming the delayed release of some

Cineworld is shuttering all 543 of its Regal Cinema venues in the U.S. and all cinemas across the U . K . and Ireland this coming week, just a day after James Bond film Variety understands from sources that the chain will close all sites in both countries as early as this week, with staff notified ahead of Monday.

The Sunday Times now reports that Cineworld, which has 128 cinemas across the UK and Ireland, will close all of its screens as early as this week, with up to 5,500 jobs at risk.

a sign in front of a building: Cineworld Cinema © Getty Images Cineworld Cinema

Related: Black Widow star reacts to Disney delaying movie until next spring

Cineworld had re-opened many of its cinemas in July, when hospitality lockdowns were lifted, but according to The Sunday Times it has warned that it doesn't expect audience numbers to recover to pre-Covid-19 levels until at least 2023.

The chain is reportedly writing to Prime Minister Boris Johnson and Culture Secretary Oliver Dowden to say that the decisions by major film studios to postpone their big releases is making the cinema industry "unviable", with fewer new films available for audiences.

Cineworld may close US and UK theaters after Bond film delay

  Cineworld may close US and UK theaters after Bond film delay LONDON (AP) — Cinema chain Cineworld said Sunday it is considering closing all its movie theaters in Britain and the United States, after the postponement of the new James Bond film left a big hole in schedules. Cineworld Group PLC owns 543 Regal cinemas in the U.S. and 128 Cineworld venues in the U.K. and Ireland. It said it was “considering the temporary closure of our U.K. and U.S. cinemas, but a final decision has not yet been reached.” “Once a decision has been made we will update all staff and customers as soon as we can.”The statement came after the Sunday Times reported that Cineworld’s U.K.

Cineworld Delays Reopening U . K . Cinemas , Regal Theaters Following ‘Tenet’ Date Shift. The business is the first of the U . K . cinema chains to delay reopening following the second date shift for “Tenet.” AMC Theatres-owned Odeon has since confirmed to Variety that it will maintain plans of

Cinemas across the UK and Ireland are shutting down due to the coronavirus. Cineworld Group CEO, Mooky Greidinger said: “At Cineworld and Picturehouse, we are committed to providing safe and healthy environments for our employees and guests and have therefore made the difficult decision to

It is currently unclear as to what the Cineworld news could mean for Picturehouse Cinemas, which is owned by Cineworld, or when the cinemas might be able to reopen.

Representatives of Cineworld declined to comment when approached by Digital Spy.

Lashana Lynch, Daniel Craig looking at the camera: Lashana Lynch, Daniel Craig, Naomie Harris, Bond No Time to Die trailer © MGM Lashana Lynch, Daniel Craig, Naomie Harris, Bond No Time to Die trailer

Related: No Time to Die "ties up storylines" of Craig era

It has been reported by Variety that Cineworld is also closing all 543 of its Regal Cinema venues in the US.

Chief executive of the UK Cinema Association Phil Clapp told The Sunday Times regarding No Time To Die's latest release delay that the announcement "is probably the most serious blow to UK cinema operators of a number of similar announcements over the past few weeks and will undoubtedly cause a significant number of cinemas to close again."

Some movies have bypassed cinematic releases completely this year, with Disney releasing its live-action Mulan on its streaming service Disney+ in many markets, including the US and UK, with a host of other films including Janelle Monáe's Antebellum and Gerard Butler's Greenland also skipping cinemas in favour of a home release.

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British box office on track to hit the lowest figure since records began .
Cinema admissions in the UK are set to be the lowest since records began, back in 1928. Tickets for the entire year are expected to amount to between 40 million and 44 million, according to The Guardian. That puts 2020 heading for an historical low, plummeting millions below the previous lowest foot-fall, which came in 1984, despite hit movie including Ghostbusters and The Karate Kid. Read more: Cineworld to axe 45,000 jobs That year, 53.8Tickets for the entire year are expected to amount to between 40 million and 44 million, according to The Guardian.

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