Every week that goes by, we are confronted with more news that seems to spell doom for the theatrical experience in the United States.
Whether it’s an uptick in COVID-19 cases that forces more shutdowns, studios moving films to 2021, or theaters closing their doors due to lack of business, there seems to be a never-ending stream of bad news facing cinemas as they try to recover.
And unfortunately, as things don’t seem to be getting any better before the end of 2020, it appears that a large majority of small and mid-sized theaters in the US face the very real possibility of going out of business.
Continue reading Theater Owners Group Says 70% Of Small & Mid-Sized US Cinemas Will Face Bankruptcy By January at The Playlist..
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