UPDATED: AMC has made it official that it has reached an agreement with Los Angeles real estate titan Rick Caruso for the leases to the 14-screen Grove Theatre in Los Angeles and the 18-screen Americana at Brand Theatre in Glendale, CA, located at their respective outdoor malls. Both multiplexes will reopen next month after being
EXCLUSIVE: Alamo Drafthouse Cinema has hired industry veteran Kevin Holloway as Head Film Buyer. The news comes in the wake of the cineaste chain arising out of bankruptcy and opening a new location in El Paso, TX. Plans for new theaters in Manhattan, Staten Island, St. Louis, and Washington D.C. are scheduled for this year.
Regal Cinemas is taking over the cinema space occupied by the Arclight Sherman Oaks in Sherman Oaks, CA. The L.A. Times reported that Cineworld-owned Regal Cinemas signed a lease yesterday with the mall landlord Douglas Emmett Inc. Regal will reportedly sink $10M into renovating the cinemas bringing it up to date on par with its
Pacific Theatres Exhibition Corporation, which includes Arclight Cinemas, is really not set to reopen anytime soon. The exhibition company released a statement today that they’re filing Chapter 7 in order to liquidate their assets for creditors. As we previously reported, AMC is closing on a deal to take on the leases of Pacific’s multiplexes at
AMC Boss Adam Aron said he was kicking the tires of Arclight Cinemas’ locations after they went out of business — and he meant it. Word is that the No. 1 exhibitor is close to absorbing the leases for the multiplexes at Caruso Properties’ The Grove in Los Angeles and Americana in Glendale, CA. These
The closure of Pacific Theatres and ArcLight may have sounded alarm bells over the dire state of exhibition due to the coronavirus pandemic, but theater owners are especially frustrated, anxious and unnerved that a signature government lifeline so far has struggled to get up and running. The Shuttered Venues Operators Grant (SVOG), as the Small Business
EXCLUSIVE: The last thing we needed to hear as the box office and exhibition are rebounding from the pandemic was a piece of bad news, but word spread like wildfire in distribution and exhibition circles Monday that the Arclight Cinemas and Pacific Theatres won’t be reopening. The chain, owned by Decurion, has issued a statement