Regal Cinemas has brought an abrupt end to its South Jersey operations, shuttering a beloved retro-styled theater that had been a staple of the community for over three decades. The iconic Regal Cross Keys Stadium 12, with its distinctive Art Deco facade, closed on January 29th, leaving customers in the dark about the future of this cherished local institution.
According to reports, the decision was made without warning, and an email sent to customers revealed that the last day of operations had been fixed for Thursday. The website's landing page now displays an error message, a stark contrast to the excitement and promise it once held. A grand opening in 1994, featuring big-screen releases like "The Lion King" and "Forrest Gump," was the perfect setup for what would become a beloved local landmark.
While another Regal cinema nearby remains open, the closure marks a significant blow to a community that had grown accustomed to the theater's presence. Cinema Treasures, a site dedicated to preserving movie history, has captured many photos of the theater over the years, including one from its opening day in 1994, which proudly touts it as "a luxurious new movie entertainment center."
Regal's parent company, Cineworld, filed for bankruptcy in 2023, citing declining box office sales due to the pandemic. The theater closure is part of a broader trend across the industry, with many cinemas struggling to adapt to changing consumer habits and rising content costs.
As the movie-going public continues to grapple with the aftermath of the pandemic, projections suggest that it may take years for the industry to regain pre-pandemic revenue levels. According to PwC's latest estimates, total cinema revenue in the US is unlikely to reach 2019 levels until 2030. With many theaters raising ticket prices and facing stiff competition from streaming platforms, the long-term future of Regal Cross Keys Stadium 12, and countless other cinemas like it, remains uncertain.
According to reports, the decision was made without warning, and an email sent to customers revealed that the last day of operations had been fixed for Thursday. The website's landing page now displays an error message, a stark contrast to the excitement and promise it once held. A grand opening in 1994, featuring big-screen releases like "The Lion King" and "Forrest Gump," was the perfect setup for what would become a beloved local landmark.
While another Regal cinema nearby remains open, the closure marks a significant blow to a community that had grown accustomed to the theater's presence. Cinema Treasures, a site dedicated to preserving movie history, has captured many photos of the theater over the years, including one from its opening day in 1994, which proudly touts it as "a luxurious new movie entertainment center."
Regal's parent company, Cineworld, filed for bankruptcy in 2023, citing declining box office sales due to the pandemic. The theater closure is part of a broader trend across the industry, with many cinemas struggling to adapt to changing consumer habits and rising content costs.
As the movie-going public continues to grapple with the aftermath of the pandemic, projections suggest that it may take years for the industry to regain pre-pandemic revenue levels. According to PwC's latest estimates, total cinema revenue in the US is unlikely to reach 2019 levels until 2030. With many theaters raising ticket prices and facing stiff competition from streaming platforms, the long-term future of Regal Cross Keys Stadium 12, and countless other cinemas like it, remains uncertain.