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Cinemark CEO Says Shuttered Theaters May Reopen by July 1
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hollywoodreporter.comCinemark CEO Mark Zoradi on Wednesday predicted it will take up to four months for shuttered cinema screens to fully reopen as the COVID-19 crisis recedes, likely starting July 1. "A return to normalcy may span multiple months driven by staggered theater openings due to government limits, reduced operating hours, lingering social distancing and a ramp-up of consumer comfort with public gatherings," Zoradi said on a morning call to update Wall Street analysts.
Cinemark execs said the chain would take June to bring back employees and begin classic movie screenings later that month to get patrons back to the multiplex.
And Cinemark in July expects to slowly ramp up to eventual normalcy with releases like Christopher Nolan's Tenet on July 17..
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