By Abb Jones
The Reelness

Regal Cinemas, the second largest movie theater chain in the United States, has announced it is again temporarily closing its theaters, as the COVID-19 pandemic continues to wreak havoc on the film industry.

Regal, which operates 536 theaters across the U.S., is owned by parent company Cineworld, whose shares have dropped 80 percent since the coronavirus pandemic hit earlier this year. The closures will impact approximately 40,000 employees.

Monday’s decision came after the James Bond film No Time to Die was again delayed from a planned November 2020 release to April 2021.

AMC, America’s largest movie theater chain, announced last week that it will reopen 80% of its U.S. theaters by the end of this week. AMC says it is significantly limiting seating capacity in its theaters and requiring all employees and patrons to wear masks.