The pandemic that began almost 12 months ago has caused huge financial difficulties to industries across the globe. The cinema industry has been hit heavily in particular as they struggle to survive amidst delayed film releases, enforced closures and hugely reduced audience numbers. This includes Odeon cinemas and their owners, AMC.
The biggest reason causing a struggle to operators has been the death of the domestic market in the US. This is due to key territories such as NY/LA being closed for most of the year and the pandemic still tearing through Europe.