Movie Theaters Wait for Comeback as Screens Shut Down

With fewer people stopping by the box office, Regal Cinemas, Pacific Theatres, Alamo Drafthouse and others filed for Chapter 11. Some of these companies have reemerged after bankruptcy; others have dimmed their marquees forever. As a result, North America has 5,691 fewer screens compared with pre-COVID times, according to research by media consultancy Omdia.

Source: With 5,700 Movie Screens Shut Down and the Box Office in a Slump, Theaters Are Still Waiting for a Post-Pandemic Comeback