Listen to the WSJ podcast:

https://www.wsj.com/podcasts/the-journal/what-a-movie-theater-without-new-movies/1ad11a8b-d155-4453-8df6-a4b5bddb6591

Then, answer all the following questions:

1) How did the pandemic affect revenues and costs of movie theaters?

2) Suppose you are in Mooky Greidinger's shoes, and you must make a decision to continue to operate Regal's movie theaters or to close for a temporary period. What costs and revenues would you consider for your decision? Provide examples.

3) Going back to question 2, what costs would not affect your decision to close or continue to operate? Provide examples.