In the United States, the market shed nearly 3,000 screens. The crash came in 2000-2001 when:

A. many megaplexes were renovated to increase the size of their best auditoriums.
B. a significant number of middle-class people migrated from the suburbs to urban areas.
C. several major exhibitors filed for bankruptcy.
D. reformers and parents' groups convinced many cities to close theaters showing foreign films.

Answer: C