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Regal Cinemas is closing all its US theaters indefinitely. Here's how the company grew to be the second-largest theater chain in the country.

  • Regal is closing its more than 500 US theaters indefinitely due to the coronavirus pandemic and a lack of new releases to show.
  • The closure is expected to affect as many as 45,000 jobs in the US and UK.
  • See how the chain was founded in Knoxville, Tennesee, and grew to become the second-largest in the world.

With coronavirus cases spiking in some areas of the country and few films to show, Regal Cinemas announced that it will indefinitely close all 536 of its US theaters.

The closure will affect 45,000 jobs, with 40,000 of those in the US. Right now there are no clear plans for a reopening timeline. It "might be in two months, it might even a little bit longer," CEO Mooky Greidinger told The New York Times.

About 100 locations will remain open in Eastern and Central Europe, though the company makes the bulk of its revenue in the US and UK.

Regal officially opened its door in 1989. In years since, through mergers and acquisitions, it grew to become the second-largest theater chain in the world.

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