Cineworld will close all of its UK and U.S. movie theaters this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it strives to survive a coronavirus collapse in film-making and cinema-going.
The world’s second-biggest cinema chain said the reluctance of studios to push ahead with major releases such as the new James Bond film had left it no choice but to close all 536 Regal theaters in the United States and its 127 Cineworld and Picturehouse theaters in the UK from Oct. 8.
