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Regal is closing its more than 500 US theaters indefinitely due to the coronavirus pandemic and a lack of new releases to show.See how the chain was founded in Knoxville, Tennesee, and grew to become the second-largest in the world.announcedThe closure will affect 45,000 jobs, with 40,000 of those in the US. Right now there are no clear plans for a reopening timeline.
Regal officially opened its door in 1989. In years since, through mergers and acquisitions, it grew to become the second-largest theater chain in the world. Entrepreneur Mike Campbell started Regal Cinemas in 1989. It was headquartered in Knoxville, Tennessee, in an old warehouse, according to a contemporaneous Associated Press article.
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