Regal Cinemas, 2nd largest chain in US, to reopen in April
Associated PressNEW YORK — Regal Cinemas, the second largest movie theater chain in the U.S., will reopen beginning April 2, its parent company, Cineworld Group, announced Tuesday. Cineworld also agreed to a new multi-year deal with Warner Bros. Beginning next year, the studio’s releases will have a 45-day exclusive window at Regal cinemas, roughly slicing in half the traditional period. “This agreement shows the studio’s commitment to the theatrical business and we see this agreement as an important milestone in our 100-year relationship with Warner Bros.” Regal’s April 2 reopening coincides with the release of Warner Bros.’ “Godzilla vs. Kong.” The agreement is the latest in a reordering of the theatrical marketplace — a sea change accelerated by the pandemic but viewed as long-in-coming by some analysts given the rise in streaming services. The Walt Disney Co. on Tuesday said it would release several of its largest upcoming films, including the Marvel movie “Black Widow” simultaneously in theaters and on Disney+.
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