![]() ![]() If anything, I think movies might become more of a specialty item,” Peters said.īaldwin Wallace junior Nevan Quinn said that he has been an avid movie theater viewer his whole life. “People are still going to go to arthouse cinemas, it has special appeal. Arthouse and specialty cinemas may stand a better chance going forward, Peters said. Peters said that while multiplexes – theatres with multiple screens like the 10-screen Regal Great Northern Mall or the 16-screen Regal Middleburg Town Square – will be the most affected since they require more customers to break even. ![]() A previous, smaller Regal location in a plaza adjacent to the mall was closed in 2000 due to declining profits, according to. However, the theater’s closure is not a first for the area. The hope for the North Olmsted theater upon its construction in 2013 was that it would have increased attendance due to its location as a mall theater. For Cineworld, closing theaters is part of a strategy to save money and pay off their debt. The company’s debt is upwards of $5 billion for Cineworld as it struggles to shake off the challenges of the Covid-19 pandemic and the decline in theater audiences nationwide. Regal’s parent company, Cineworld, filed for bankruptcy in 2022. The movie theater allows one to be immersed in the movie with its sound systems and projection screens, Peters said. Discovery, forgoing theatrical runs in place of streaming premieres for some tentpole films.ĭespite the convenience and accessibility of streaming, movie theaters provide unique benefits for Peters as opposed to home viewing, including the heightened experience and early access to films with longer theatrical windows. Today, streaming is playing a pivotal role in the film industry, with many high-profile studios and production companies, like Disney and Warner Bros. “For me it’s a much greater concern that we’re losing movie theaters so quickly like this … If I want to go to a movie theater and I’m local, there’s going to be a lot more limited options for me to actually go,” Peters said. Regal Montrose in Akron is set to close soon, with a date not yet announced.īaldwin Wallace film studies professor Paul Peters said that while he still manages to catch films in theaters, the rapid decline of available movie theater options is alarming. The Regal Great Northern Mall closure adds to a growing list of local theaters going out of business.Ĭhagrin Cinemas and AMC Classic Solon 16 closed in January and – as The Exponent reported last year – the Regal Middleburg Heights multiplex closed in September of 2022. 27 marked the theater’s final day of movie showings. The Regal movie theater inside the Great Northern Mall in North Olmsted has joined the ranks of several other recently closed Northeast Ohio cinemas. ![]()
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