The second-largest movie theater chain in the U.S. is pushing pause on its business. Regal Cinemas announced it will indefinitely be halting operations of 536 theaters as of Thursday (Oct. 8).
The company said in a statement on social media:
"In response to an increasingly challenging theatrical landscape and sustained key market closures, Regal will suspend operations at all theatres at close of business on Thursday, October 8, 2020 until further notice."
The closures will impact more than 40,000 employees across the country. Regal Cinemas has locations in Nashville at 100 Oaks, the Green Hills Mall, and Opry Mills Mall. There is also a location in Hendersonville and Clarksville.
Theaters were counting on the release of the 25th James Bond film, No Time to Die,to help with sagging ticket sales amid the pandemic. But, its release has now been pushed back until April 2021.