Regal Cinemas Temporarily Closing All U.S. Locations
The second-largest movie theater chain in the country did not indicate when it might reopen its doors for a second time.
The nation's second largest movie theater operator says it will stay closed through the new year. ABC's Will Ganss has the details. The movie business has a reputation for being recession-proof. Even when the economy's in a downturn, people want entertainment. But with the coronavirus pandemic ravaging the U.S. and the world, movie theaters are in panic mode seven months into the coronavirus pandemic. Big movie theater chains, AMC and Regal Cinemas, reopened their theaters to the public back in late August. But with several blockbuster movies pushed back to Christmas or to 2021, movie theater chains are shutting down across the U.S. and the United Kingdom for the second time. With the movie business competing with popular streaming services like Netflix, Disney+ and Apple+, is this the end of the movie theater business as we know it? Here's what the movie business looks like during a pandemic, and what it will look like in the future. European countries have begun imposing new restrictions on public and private life as they struggle to cope with steep rises in coronavirus infections. The UK which has Europe's highest pandemic death toll, has unveiled a new three-tier system, closing pubs, gyms and betting shops in the highest-risk areas. And the regional government in Northern Ireland has just imposed Europe's harshest 2nd-wave lockdown restrictions. The Czech Republic already imposed a state of emergency. Today, new restrictions come into place, closing all schools, bars, restaurants and clubs. And the Netherlands is also returning to partial lockdown, closing restaurants, hotels and cafes for two weeks.
Those are just some of the latest curbs. Other measures are already in place in several European countries. Spain has a state of emergency in the Madrid region to enforce a partial lockdown, affecting four and a half million people. Masks are now mandatory in all public places. Fance has placed Paris, Marseille and seven other large cities under maximum virus alert - closing bars, gyms and swimming pools, and banning public parties. Cases are also rising rapidly in Germany. Since Friday, new nightlife restrictions are in effect in the capital Berlin. Bars must close at 11 pm, further hitting Berlin's famously liberal nightlife economy. Chancellor Angela Merkel will meet leaders of Germany's federal states to try to solve the confusion around 16 different sets of rules. Ray Allen, Kevin Garnett and Paul Pierce came together to form the Big Three for the Boston Celtics, and they went on to win the 2007-08 NBA Finals in their first season as teammates. But then it went sour. In this episode of The Split, Elle Duncan breaks down the way their relationship fell apart, starting with a rival Big Three from the Miami Heat effectively closing Boston's title window and luring Allen away in free agency. Animosity between Allen and his former teammates, including Rajon Rondo and Kendrick Perkins, has remained, even after a decade of pettiness.