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Cineworld ‘set to close all 128 of its theatres’ after new Bond film No Time to Die was delayed until April

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thesun.co.uk

CINEWORLD is set to shut all 128 of its theatres in the UK and Ireland after Covid caused the last James Bond film to be pushed back until spring.

The delay until April, announced on Friday, has plunged cinemas into financial crisis - costing top chains up to £50million.

Cineworld is believed to be “on the brink” after shares dropped by 2.5 per cent. It had already lost £1.3billion globally due to the virus and cut entry to £4 to coax back punters.

According to the Sunday Times, the chain is drawing up plans to close all its UK sites as early as this week, putting 5,500 jobs at risk.

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