New York CNN —
Regal Cinemas is closing 39 much movie theaters crossed the United States.
The determination comes 4 months aft its genitor institution Cineworld filed for Chapter 11 bankruptcy after the pandemic devastated the manufacture and nationalist screenings.
In a filing this week, Cineworld said it is readying to cull leases for the 39 theaters opening February 15, redeeming the institution $22 cardinal annually.
Cineworld is moving with landlords to support its different theaters open. Around 500 remain, aft these closures and a erstwhile circular successful September 2022 that shuttered 12 locations.
“The debtors are hopeful that these negotiations volition pb to lease concessions and modifications that volition obviate the request for rejection and alteration further theatre sites to stay open,” Cineworld said successful this week’s filing.
When Cineworld announced its determination to record for bankruptcy past year, the institution said it wanted to shed debt. It expects filing for bankruptcy volition “strengthen its equilibrium expanse and supply the fiscal spot and flexibility to accelerate, and capitalize on, Cineworld’s strategy successful the cinema industry.”
Regal Cinemas is the United States’ second-largest theatre concatenation aft AMC Theaters, which has 950 locations according to its website.
These are the locations Regal plans to close:
- Tikahtnu Stadium 16 successful Anchorage, Alaska
- Metro Point successful Costa Mesa, California
- Berkeley 7 successful Berkeley, California
- Parkway Plaza Stadium 18 and Imax successful El Cajon, California
- Escondido Stadium 16 and Imax successful Escondido, California
- Hemet Cinema 12 successful Hemet, California
- Sherman Oaks Galleria 16 successful Los Angeles, California
- Yorba Linda and Imax successful Yorba Linda, California
- Meadows Stadium 12 successful Littleton, Colorado
- SouthGlenn Stadium 14 successful Centennial, Colorado
- Shadowood 16 successful Boca Raton, Florida
- South Beach Stadium 18 and Imax successful Miami, Florida
- Keauhou Stadium 7 successful Kailua-Kona, Hawaii
- Bolingbrook Stadium 12 successful Bolingbrook, Illinois
- Round Lake Beach Stadium 18 successful Round Lake Beach, Illinois
- Fenway Stadium 13 and RPX successful Boston, Massachusetts
- Bowie Stadium 14 successful Bowie, Maryland
- Rockville Center Stadium 13 successful Rockville, Maryland
- Brunswick 10 successful Brunswick, Maine
- Beaver Creek Stadium 12 successful Apex, North Carolina
- Omaha Stadium 16 successful Omaha, Nebraska
- Concord 10 successful Concord, New Hampshire
- Hamilton Commons Stadium 14 successful Landing, New Jersey
- Pohatcong Stadium 12 successful Phillipsburg, New Jersey
- Santa Fe Stadium 14 successful Santa Fe, New Mexico
- Village Square Stadium 18 successful Las Vegas, Nevada
- Elmwood Center 16 successful Buffalo, New York
- Ithaca Mall Stadium 14 successful Ithaca, New York
- Cortlandt Town Center successful Mohegan Lake, New York
- Union Square Stadium 14 successful New York, New York
- Greece Ridge Stadium 12 successful Rochester, New York
- Transit Center Stadium 18 and Imax successful Williamsville, New York
- Montrose Movies Stadium 12 successful Akron, Ohio
- Barn Plaza Stadium 14 successful Doylestown, Pennsylvania
- Oaks Stadium 24 successful Oaks, Pennsylvania
- Greenbrier Stadium 13 successful Chesapeake, Virginia
- Stonefield Stadium 14 and Imax successful Charlottesville, Virginia
- Meridian 16 successful Seattle, Washington
- Gallery Place Stadium 14 successful Washington, DC