Regal closing all theaters for the foreseeable future

[Jordan Miller]

Miss Rona strikes again

The new James Bond flick was the last lifeline Regal had, but after it was announced they're delaying the film, Regal had no choice but to suspend operations beginning October 8.

45K employees are out of work as a result.

 

 

Related:

[RadicalOptimism]

If Corona ends movie theaters forever I’ll 

[Iconic 4 U]

Just now, CrazyButItFeelsAllright said:

If Corona ends movie theaters forever I’ll 

Yeah I'm gonna miss them

[Towelney]

I hope AMC isn’t next 

I’ll miss those reclining chairs and popcorn buckets 

[Iconic 4 U]

If all movie theatres close where will I pretend to be in Mariah's Heartbreaker music video 

[frederiickx]

I will be so sad if COVID ends up closing movie theaters. I'm not going rn obviously but I LOVE going to the theater. 

[MissSpearsSaysSo]

I haven’t gone out to see a theater movie since I saw Sonic in January but I hope this doesn’t end movies. I love going out for a good movie, there’s popcorn candy and it’s so much fun for a date and your buddies. This is sad news.  

[Spicechinodiva]

I think the success of Mulan, And the success of having theatrical titles in demand at home, Basically killed the industry as they basically cut out the movie theaters chain. And found faster success with families and other people who aren't comfortable in crowds.

It definitely killed the theater. Smart tvs and Rona were really the nail in the coffin. 

[ObsessedBritFan1]

Dating is going to be awkward now. 

 

[Roxxy]

3 hours ago, Iconic 4 U said:

If all movie theatres close where will I pretend to be in Mariah's Heartbreaker music video

You still got the restroom.

[Spicechinodiva]

All I can say is , billie better get that damn oscar for no time to die. 

 

It's not her fault how all this went down..

[LordofTheMoodRing]

Heartbroken for all of them 

[Spicechinodiva]

5 minutes ago, Spicechinodiva said:

All I can say is , billie better get that damn oscar for no time to die. 

 

It's not her fault how all this went down..

Actually, she's the only one to do a theme song. 

 

Shoe in due to a technicality..

[Iconic 4 U]

18 minutes ago, Roxxy said:

You still got the restroom.

True

Hopefully Bianca doesn't hit me 

[vzlafan]

what??? if cinemas got closed, all the arenas will be closing too

[Spicechinodiva]

16 minutes ago, vzlafan said:

what??? if cinemas got closed, all the arenas will be closing too

Like Madonna said infamously in 2008. 

You can't download a live performance. 

 

Live entertainment is here to stay. 

 

Filmed entertainment like movies realized people are willing to pay 25 to 30 dollars to rent a movie at home. 

 

It sucks. But internet took down another outdated concept. 

 

 

 

[Britney'sBish]

15 hours ago, Spicechinodiva said:

I think the success of Mulan, And the success of having theatrical titles in demand at home, Basically killed the industry as they basically cut out the movie theaters chain. And found faster success with families and other people who aren't comfortable in crowds.

It definitely killed the theater. Smart tvs and Rona were really the nail in the coffin. 

What are you even talking about, Mulan isn't a success, it didn't even come close to making half it's budget?

There's a reason Disney pushed it's entire slate back until next year, they aren't making enough money with VOD and that's why no other finished movies are heading to Disney+

Mulan was a test and it went horribly because they lose way too much money sending it right to VOD.

 

That industry is in complete panic mode, We're about to see movie budgets fly right out the window if they can't get movies back in theaters. 

[Haha-Hehe-Haha-Ho]

No wonder there's panic in the industry, I mean, please 

[Britney'sBish]

58 minutes ago, Haha-Hehe-Haha-Ho said:

No wonder there's panic in the industry, I mean, please 

You want covid-19?

This is the lifestyles of the rich and famous,

They've got covid-19...

[A.a.A]

17 hours ago, Spicechinodiva said:

I think the success of Mulan, And the success of having theatrical titles in demand at home, Basically killed the industry as they basically cut out the movie theaters chain. And found faster success with families and other people who aren't comfortable in crowds.

It definitely killed the theater. Smart tvs and Rona were really the nail in the coffin. 

You would think right? Actually, movie studios NEED theatres to make money. Mulan was a box office failure because it was on VOD. Companies literally make all their money in the first couple weeks, than the money goes to theatre itself. But the margins are super tiny. Companies will make no where near the amount to break even on home releases, the money is just not there.

With that said, I really hope theatres aren't done for good. I love going out to a movie.