All told, the country boasts more than 5,400 theaters. Both the Landmark and Alamo are indie chains, similar to ArcLight and Pacific Theaters, which are likely to go dark sometime on Tuesday or Wednesday.Įxhibition sources tell The Hollywood Reporter they expect most, if not all, cinemas to follow suit by the end of the week. AMC’s top-grossing location is the AMC Empire 25 in New York City’s Times Square, across the street from Regal E-Walk.įive other chains also announced plans to close on Monday: the Landmark, Harkins Theaters, the Alamo Drafthouse Cinema, Showcase Cinemas and Bow Tie Cinemas. Since the weekend, more than than a dozen states and locales have mandated that movie theaters, bars and restaurants must close, including in New York City and Los Angeles, the country’s two busiest moviegoing markets. “Still, the health and well-being of AMC guests and employees, and of all Americans, takes precedence above all else.” “We are ever so disappointed for our moviegoing guests and for our employee teams that the new CDC guidelines that Americans should not gather in groups larger than 10 people make it impossible to open our theaters,” said AMC CEO Adam Aron in a statement. The company said it will continue to monitor the situation closely and stressed it will remain flexible in terms of reopening. The week began with a White House press conference on Monday in which guidance was given for Americans to avoid social gatherings of more than 10 people.ĪMC, like all chains, said it made its determination to shut down in compliance with local, state and federal directives, and as a precaution to help ensure the health and safety of moviegoers and staff. If theaters stay closed through May, the deficit globally could be $17 billion, according to analysts. Hollywood and the film industry stand to lose many billions at the box office. (Regal simply said “until further notice.”) While studios have delayed event pics from March to May, including Universal’s F9 and Disney’s Marvel movie Black Widow, films such as Warner Bros’ Wonder Woman 1984, Christopher Nolan’s Tenet and musical In the Heights, Disney-Pixar’s Soul and Paramount’s anticipated sequel Top Gun: Maverick are still on the June and July calendar. AMC - the largest chain in the country, with roughly 630 locations and 11,000 screens - made its announcement Monday night after a raft of other circuits announced closures throughout the day, beginning with Regal Cinemas, the second-largest movie chain in the U.S.ĪMC is the only one to indicate how long theaters expect to stay closed - raising the prospect that the May and June release calendars could be severely impacted.
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