Regal Cinemas owner Cineworld has reported a strong return in the U.K.
and U.S.
markets as cinemas reopen in a post-covid scenario.In the U.K.
the recovery is led by the strong box office performance of “Peter Rabbit 2: The Runaway.” Cinemas reopened in the U.K.
on May 17 and the film led the box office with collections of $6.4 million, including a remarkable $2.5 million on Saturday.“This weekend’s performance went beyond our expectations as customers were eager to return to the movies and enjoy the full movie experience, including the traditional popcorn which led to strong concession income,” Cineworld said in a statement.In the U.S., following the opening of an additional 167 cinemas, over 97% of Regal cinemas across 502 sites have resumed operations.
Cinemas in Israel and Poland will reopen at the end of this week and the company anticipates most of its sites reopening by the end of the month.
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