Regal has lost its cinema empire to Sony and has announced it will be exiting the UK and Ireland in 2019.
It will be shutting down cinemas across the UK, Ireland and Scotland in 2019, with its cinema chain closing in Scotland.
The company announced it would be closing the Irish cinemas from June 2019.
The Scottish cinemas will be closed in 2019 and the UK cinemas in 2019 as well.
Regal said it will focus on the UK market.
The company said it would continue to support the local industry and its employees.
“We are grateful to the customers for their continued support, and look forward to returning to the UK as a new, independent, family-owned cinema operator in 2020,” the company said.
Regal is now one of the largest independent film chains in the world, with more than 50 cinemas worldwide.
The chain also operates theatres in the US and the Middle East.
Regals first UK film was released in 2014, and in 2019 it announced it was planning to expand to South Korea, Mexico and Canada.
Regala said it was considering opening cinemas to the public in the UK.
The operator said it had invested £1bn in film since it was founded in 2007.
Regalian said it planned to hire 1,000 people to work in the cinema industry.
Regaile Cinemas in the Netherlands opened cinemas there in September 2019.
Regas biggest rival, AMC Entertainment, which is based in San Francisco, plans to open a cinema in Birmingham next year.