Cineworld is reportedly set to close all of its cinemas in the UK and Ireland and not reopen them until next year.
Britain’s biggest cinema chain with 128 cinemas, including two in Swindon, is reportedly writing to both the Prime Minister and Culture Minister, Boris Johnson and Oliver Dowden, to say that the industry has because “unviable” due to delays in film releases.
Last month, Cineworld revealed half-year losses of 1.6 billion US dollars (£1.3 billion).
According to the Sunday Times, Cineworld is planning to close all its screens in the UK and Ireland as early as this coming week, which would put up to 5,500 jobs at risk.
The news comes after the new James Bond film No Time To Die’s release date was delayed for the second time this year, now until the spring, just weeks before it was meant to be screened.
The new Fast and Furious film was also pushed back by Universal, now set for release in May 2021.
