Movie-theater CEO expects up to 25% permanent decline in attendance

(CNBC) — Flix Brewhouse CEO Allan Reagan told CNBC on Wednesday he anticipates the coronavirus pandemic will lead to a sustained reduction in movie theater attendance. In an interview on “Squawk on the Street,” Reagan said the Texas-based company, which operates 10 dine-in cinemas and brews its own craft beer, is projecting 2022 to be… Read more at Gab Trends

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