Regal Cinemas To Reopen Its Theaters In April

Regal Cinemas will reopen its theaters in the U.S. in April, six months after they closed amid the ongoing coronavirus pandemic.

The reopening plans were announced by parent company Cineworld Group on Tuesday. Cineworld intends to reopen its theaters in the U.K. in May. Regal has more than 7,000 movie screens in 536 theaters in the United States.

The theaters' reopening will coincide with a couple of big-ticket movie openings: Godzilla vs. Kong on April 2 and Mortal Kombat on April 16.

"With capacity restrictions expanding to 50% or more across most U.S. states, we will be able to operate profitably in our biggest markets," Mooky Greidinger, Cineworld's chief executive officer, said in a statement. "We will also be monitoring developments closely in the U.K. and across Europe as we set to gradually reopen across the world in line with local government guidance."

Cineworld also announced a multiyear deal with Warner Bros. Pictures Group in the U.S. that will guarantee a period of exclusivity for movies in theaters before being released more widely, starting in 2022.