Conshohocken movie theater is safe. Oaks theater to close

Business Insider reports that Cineworld, the parent company of Regal Cinemas, which is currently going through bankruptcy proceedings, will close 39 locations across the country in mid-February. While the theater in Conshohocken (Plymouth Township) will stay open, the location in Oaks will be shuttered.

The movie theater business has not returned to pre-pandemic levels, which occurred about the same time streaming services exploded. The Business Insider article shares figures from Comscore that show the movie theater business is down just under $4 billion from 2018 and 2019.

You can read the full article here.