New Albany movie theater spared as Regal Cinemas shutters 39 theaters nationwide

Jan 20, 2023
Jan 20, 2023 Updated Jan 20, 2023

The curtains are coming down on some Regal Cinemas theaters

The Regal Cinema in New Albany, Indiana will stay open.

LOUISVILLE, Ky. (WDRB) -- Regal Cinemas announced the closure of 39 theaters across the country beginning on Feb. 15.

Don't worry, though. The New Albany location avoided closure. It will remain open along with about 500 other locations.

Regal's parent company, Cineworld, filed for chapter eleven bankruptcy only four months ago, after the pandemic devastated the theater industry and public screenings. In the filing, Cineworld said the closings will save the company $22 million a year.

Regal Cinemas is the second largest US-theater chain behind AMC.