Business & Tech
Regal To Close 7 More Theaters In CA, Including 2 In Orange County
Regal theaters in Costa Mesa and Yorba Linda are two of the 39 Regal theaters set to close in the coming months.
ORANGE COUNTY, CA — Regal is getting ready to close 39 theaters across the country — on top of a dozen that have already been closed — including six in Southern California and one in the Bay area, multiple outlets reported.
The latest list of closures come after parent company Cineworld announced that it would be filing for Chapter 11 bankruptcy last September, Business Insider reported.
In Orange County and across Southern California, residents will be saying farewell to the following Regal Cinemas:
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- Metro Point Costa Mesa.
- Hemet Cinema 12, Hemet.
- Sherman Oaks Galleria 16, Los Angeles.
- Yorba Linda and Imax theater, Yorba Linda.
The decision to close the theaters in the coming weeks was revealed Tuesday in a filing from Cineworld's bankruptcy case, ABC10 reported.
According to CNN Business, Cineworld also has plans to reject leases for the 39 theaters on Feb. 15, which will apparently save the company roughly $22 million annually.
Find out what's happening in Orange Countyfor free with the latest updates from Patch.
Also on the chopping block are the Parkway Plaza Stadium 18 and Imax in El Cajon, Escondido Stadium 16 and Imax, and Hemet Cinema 12.
The Berkeley 7 cinemas in Northern California will also be closed.
City News Service contributed to this report.
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