CHARLOTTE — A movie-theater operator with dozens of locations across the Carolinas is said to be headed for bankruptcy as it continues to struggle with low attendance in the wake of the pandemic. The Wall Street Journal reported that Cineworld Group, which owns the Regal Cinemas chain, is preparing to file for bankruptcy in the coming weeks.
There are 31 Regal theaters in North Carolina and South Carolina, seven of which are in the Charlotte region, according to the company’s website.
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(WATCH BELOW: Regal Cinemas to reopen theaters on April 2)
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