Cinema chain Cineworld is closing hundreds of cinemas for the time being

The international cinema chain Cineworld is closing all of its houses in the US and UK. The reason is the corona crisis. It is unclear when the cinemas will reopen. Up to 45,000 employees are without a job.

Due to the corona pandemic, the large cinema chain Cineworld is temporarily closing its houses in Great Britain and the USA. Up to 45,000 employees are affected, the company announced on Monday in London.

In both countries, the largest markets of the cinema chain, far more than 600 theaters will cease operations this week – 536 in the USA and 127 in Great Britain. The reopening could take place in two months or later, said company boss Mookey Greidinger. “The decision was not an easy one for us,” said Greidinger.

Theatrical release of new James Bond film postponed again

The cinema industry recently had high hopes for the new James Bond blockbuster “No Time to Die”, but the film launch was postponed again. Instead of 2020, the strip should now hit the screen in spring.

This is a disaster for the cinemas, who were hoping for higher visitor numbers with the launch. In the past few weeks the start dates for Hollywood films such as “Top Gun Maverick” and “The King’s Man” have already been postponed.

The British media had already reported on the measures taken by the cinema chain in the Corona crisis at the weekend, but the exact global extent was not yet clear. A cinema in Dublin, Ireland is also affected by the closure. Cineworld is represented in a total of ten countries and recently reported half-year losses of almost 1.6 billion US dollars (1.36 billion euros).

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