January 20th 2023: Regal Cinemas the nations 2nd biggest movie theater chain which is in bankruptcy has announced the closure of 39 theaters nationwide. One of those theaters to close it the Regal Metro Pointe in Costa Mesa as the company will begin rejecting leases starting February 15th.
Regal Cinemas is trying the restructure itself after its parent company Cineworld filed for bankruptcy in September of last year. The company is suffering from the pandemic when the company had a 2020 loss of $3 billion when the movie theaters were closed.
After Metro Pointe closes if you are a member of Regals Unlimited movie program the next closest Regal location is the former Edwards flagship location now Regal Big Newport at Fashion Island.