Cineworld To Close Its Cinemas Until 2021

Sweet Square

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Britain’s biggest cinema chain is set to close all its screens after the new James Bond film was delayed until the spring — robbing audiences of a must-see movie and the industry of a lifeline.

Cineworld, which has 128 theatres in the UK and Ireland, is this weekend writing to Boris Johnson and the culture secretary, Oliver Dowden, to say that the industry has become “unviable” because of the decision by film studios to postpone big-budget releases.

It is drawing up plans to close all its UK sites as soon as this week, according to sources familiar with the discussions. The move puts up to 5,500 jobs at risk.

https://www.thetimes.co.uk/article/cinema-giant-cineworld-to-shut-after-007-fiasco-d2rvdxjgw



Really grim stuff.