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Cineworld confirms closure of all º£½ÇÊÓÆµ and US cinemas, putting thousands of jobs at risk

The move comes as big film studios are delaying their major movies to wait for bigger audiences

Cineworld confirms plans to temporarily close its cinemas

Cinema giant Cineworld has confirmed it will temporarily close all of its sites in both the º£½ÇÊÓÆµ and the US in the wake of movie studio delaying their major film releases during the pandemic.

The move will affect around 45,000 employees in the two countries, Cineworld's two main markets.

As of this Thursday, October 8, the firm's 127 Cineworld and Picturehouse theatres in the º£½ÇÊÓÆµ will close, alongside 536 Regal theatres in the US.

Who is Cineworld?

Cineworld chief executive Mooky Greidinger said: "This is not a decision we made lightly, and we did everything in our power to support safe and sustainable reopenings in all of our markets - including meeting, and often exceeding, local health and safety guidelines in our theatres and working constructively with regulators and industry bodies to restore public confidence in our industry.

"We are especially grateful for and proud of the hard work our employees put in to adapt our theatres to the new protocols and cannot underscore enough how difficult this decision was.

"Cineworld will continue to monitor the situation closely and will communicate any future plans to resume operations in these markets at the appropriate time, when key markets have more concrete guidance on their reopening status and, in turn, studios are able to bring their pipeline of major releases back to the big screen."

The announcement comes after it was reported that Cineworld directors will to write to Prime Minister Boris Johnson and Culture Secretary Oliver Dowden, warning that cinema has become “unviable” as studios keep putting back blockbuster releases in the hope of drawing in bigger crowds at a later date.