![Regal Temporarily Closing All Locations Worldwide](http://townsquare.media/site/472/files/2020/10/GettyImages-1207531288-1.jpg?w=980&q=75)
Regal Temporarily Closing All Locations Worldwide
With the announcement that the new James Bond movie has been pushed back to April of 2021, Regal Cinema has announced they will be temporarily shutting down all locations.
Close to 45,000 people will be out of a job due to these closures just in the US alone.
Virtually no new movies to show at its theaters and the fact that COVID has not shown any signs of drastically slowing down. They made this decision and it greatly affected their parent companies stock.
It turns out, one of the main factors to the shutdown was New York
"Despite our work, positive feedback from our customers and the fact that there has been no evidence to date linking any COVID cases with cinemas, we have not been given a route to reopen in New York, although other indoor activities – like indoor dining, bowling and casinos were already allowed,"
CEO Mooky Greidinger said in a press release.
According to business insider, here has been no announcement as to when they will re open theaters. It will be interesting to see if other movie chains follow their example.
The closures are set to happen this Thursday October 8.
Download our app for your shot at $10,000
![103.1 KKCN logo](https://townsquare.media/wp-content/uploads/2019/05/KKCNFM.png?w=100)
More From 103.1 KKCN
![COVID-19 Cases On the Rise: Here’s How You Can Get Free At-Home Tests](http://townsquare.media/site/191/files/2022/07/attachment-teest.jpg?w=980&q=75)
![Top Health Officials Say Wear Quality Mask](http://townsquare.media/site/341/files/2020/04/fusion-medical-animation-rnr8D3FNUNY-unsplash.jpg?w=980&q=75)
![Moderna, J&J Vaccine Booster Shots Evaluated By FDA](http://townsquare.media/site/470/files/2021/10/attachment-COVID-19-Testing.jpg?w=980&q=75)
![Tom Green COVID Vaccination Rate Is Over 40 Percent, But Still Lags Behind State Rate](http://townsquare.media/site/514/files/2020/03/texas-covid.jpg?w=980&q=75)
![Drivers in Round Rock Told “Don’t be Bullied” Into Vaccination on Billboard](http://townsquare.media/site/472/files/2021/09/attachment-bullied__roundrock_youtube.jpg?w=980&q=75)
![74-Year-Old Texas Man Dies After Family Says Hospital Refused Court Ordered Ivermectin Treatment](http://townsquare.media/site/156/files/2020/03/RS6264_154202749.jpg?w=980&q=75)
![San Angelo Has Highest COVID Growth Rate in Texas](http://townsquare.media/site/341/files/2020/04/fusion-medical-animation-rnr8D3FNUNY-unsplash.jpg?w=980&q=75)
![San Angelo Anti-Mask Protester Who Took Livestock Medicine Has Died From COVID](http://townsquare.media/site/472/files/2021/08/attachment-attachment-IMG_0420-e1621257572188.jpg?w=980&q=75)
![Is The Grape Creek ISD Right in Rejecting Tom Green County Mask Mandate?](http://townsquare.media/site/241/files/2021/02/shutterstock_1746069446-scaled-e1598542685915.jpg?w=980&q=75)