Connect with us

Hi, what are you looking for?

Investing

Odeon to reopen most cinemas on May 17 with new safety measures in place

Odeon

Odeon has become the latest cinema chain to say it will reopen on 17 May following months of lockdown closures.

Following a similar announcement from Cineworld, Odeon said it would open most of its 120 UK sites with new safety measures in place.

The industry has been hit hard by Covid and Odeon’s owner AMC warned last month it was running out of cash.

“We’ve all missed the magic that the cinema brings to movie watching,” said Odeon managing director Carol Welch.

The chain – Britain’s largest – said it would be reopening the “vast majority” of its sites, including flagship cinemas at London’s Leicester Square, Manchester’s Trafford Centre and Birmingham’s Broadway Plaza.

The company hopes film fans will flock back to cinemas to see host of new 2021 film releases, including Peter Rabbit 2: The Runaway, Fast & Furious 9, Marvel’s Black Widow and the long-awaited Bond film No Time to Die.

The chain will also screen Oscar-winning films that have been offered at no extra charge on screening services, such as Sound Of Metal (Amazon Prime) and Nomadland (Disney+).

Cineworld – which has around 100 sites – will mark its reopening with a new deal with Warner Bros to show films in theatres before they are streamed. Godzilla vs. Kong will be the first film to make its UK debut on Cineworld screens as part of the deal.

The new cinema experience

At Odeon cinemas seats will be limited, guaranteeing unoccupied seats between parties to meet social distancing requirements.

Visitors will be expected to wear face masks but will be allowed to remove them in auditoriums when eating or drinking.

Meanwhile, show start times will be staggered to reduce queues and the cinemas no longer accept cash, which means only contactless payment is accepted and cinemagoers are advised to pre-book seats online.

The cinema industry has been one of the worst hit sectors during the pandemic with many screens closed for extended periods or operating at reduced capacity.

Global box office takings in 2020 fell by more than 70% from the previous year to $12.4bn, according to film technology firm Gower Street Analytics.

Major releases have been delayed because of Covid, including the latest James Bond film, No Time to Die, which was put off a number of times. It will now debut globally on 8 October but had originally been due to hit screens in April 2020.

The much-anticipated sci-fi movie Dune, starring Timothee Chalamet and Zendaya, was originally slated to be released in December 2020 but is now set to appear at cinemas in October.

In December, Odeon’s US owner, AMC Entertainment Holdings, had to raise $100m (£76m) in emergency funds after warning it was running out of cash.

It said it was burning through $125m a month as concerns about Covid-19 shut some cinemas and kept audiences away.

The firm said attendance has dropped 92% in the US and 86% internationally.

Read more:
Odeon to reopen most cinemas on May 17 with new safety measures in place

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

An indigenous group in the Canadian province of Saskatchewan on Thursday said it had found the unmarked graves of an estimated 751 people at...

Economy

A plan by India to build digital databases of farmers to boost their incomes has raised concerns about privacy and the exclusion of poor...

Investing

About 10% of Poundland products are no longer priced at £1, the discount retailer has said. Poundland moved away from pricing everything at £1...

Investing

The BT-owned mobile operator EE is to start charging UK customers to use their phones in Europe, having previously said it had no plans...

Investing

Government plans to restrict junk food advertising on television and online have been criticised by campaigners who say they contain too many exemptions to...

Investing

Deliveroo scored a fresh victory in the legal fight for its riders to be recognised as self-employed yesterday when the Court of Appeal ruled...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Economy

US President Joseph R. Biden, Jr., will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on...

Economy

THE Securities and Exchange Commission (SEC) has warned the public from investing or to stop any investment in a group named Maxxprofit Computer Trading...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.



Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!