Regal Cinemas Closes Down 7,000 Screens This Weekend Including Idaho
You can't ignore this topic anymore considering its trending nationwide? I wrote weeks ago to keep eyes out on the movie theaters because there could be changes coming.
There is no doubt the pandemic crushed theaters across the country. I'm still hearing about people's experience at the theater but I would assume being closed so long really hurt. Add all the movies that have been postponed and you can see where this is going.
Things became real over the weekend as Regal announced to shut down theaters again this week. There is no maybe or depending on sales. Regal is going to furlough around 40,000 employees due to the shutdown.
This is not a decision we made lightly, and we did everything in our power to support a safe and sustainable reopening in the U.S.
That comes from Mooky Greidinger, CEO of Cineworld which owns Regas Cinemas. That puts all our workers in Nampa and Boise in Jeopardy. So, how long could this take? Is it good? We really can get an exact answer to that question because anything can change. The problem however is movies and the big ones. Wonder Woman 1984, Back Widow, and some Disney movies have been displayed. You see how much Disney's Mulan did with their Disney Plus online-only showing and that's a big hit for Regal.
I feel like Idahoans are split because you want to get out and enjoy the experience right? You also want to sit in your pajamas, pop up some popcorn, order pizza, and just lounge. I feel like we're losing the movie luster. At least you can visit the theater at the Village in Meridian and have a beer while watching. All those perks might keep them alive but the regular theaters? Let's keep an eye on this but as of right now Regal closes by the weekend. That's 536 theaters shutting down.