The curtain call has come for 39 theaters run by Regal Cinemas.
The outlets will close starting Feb. 15 after Regal parent company Cineworld filed for bankruptcy in September.
Cineworld was pushed into bankruptcy by the aftereffects of the COVID-19 pandemic, which halted theater traffic for months, disrupted movie production and release, and accelerated the rise of at-home streaming alternatives.
While the company was able to restructure some of its lease agreements for theaters, the bill for deferred rents came due.
“The debtors’ U.S. theater portfolio is a significant contributing factor to their current financial challenges.