Odeon, one of the UK’s major multiplex exhibitors, is scaling back operations with a portion of its venues set to close during week days.
The move follows the shift of Bond pic No Time To Die from November to April 2, 2021, due to ongoing challenges from the pandemic. The move caused an uproar in the beleaguered exhibition sector, with Cineworld, another of the UK’s major operators, announcing it is closing all of its 128 venues in the UK and Ireland from this Friday, October 9, temporarily.
Now, Odeon has announced its will reduce operating days at a portion of its 120 venues, understood to be roughly 25%, which will see them only open doors at the weekend as of October 9. In an email to customers, the chain said it was looking to fully re-open “when the big blockbusters return”.
The chain declined to comment on whether this will affect jobs. The Cineworld closures could affect up to 5,500 jobs, according to my colleague Anthony’s report over the weekend.
The UK’s other major multiplex chain, Vue, did not respond to an inquiry about whether it might close cinemas or look at reduced operating times.