Bigger picture4 Oct 2020 12:42
Cine putting operations "into hibernation" until next year does make good business sense.
Given film release timetables are constantly changing due to COVID its hard to keep maintaining fixed operating costs with social distancing measures.
With furlough payments Coming to an end then having certainty of overhead cost for business survival is key. Being invested i will wait to see how the market reacts to this as it actually removes some unknowns to costs which would be an issue if staying open without new films showing.