ArcLight Cinema, a beloved chain of movie theaters based in Los Angeles, including the Cinerama Dome in Hollywood, will permanently close all of its locations, Pacific Cinemas announced on Monday, destroying the cinema business after the epidemic.
In addition to being the favorite spots of blockbusters and filmmakers seeking prestige titles, ArcLight’s venues in Hollywood and around Hollywood have hosted several movie premieres. They are operated by Pacific Theaters, which manages a handful of theaters under the Pacific name, and is owned by Dacorian.
“After closing our doors a year ago, today we must share the difficult and sad news that Pacific will not reopen its ArcLight Cinema and Pacific Theater locations,” the company said in a statement.
“Nobody wanted this result,” he said, but despite a major effort to eliminate all possible options, the company has no way to move forward. “
Between the Pacific and ArcLight brands, the company has 16 theaters and more than 300 screens.
The epidemic has particularly affected the movie theater business. But in recent weeks, the nation’s largest theater chain, including AMC and Regal Cinema, has reopened in anticipation of a slate of Hollywood films that were put back into the calendar after repeated repeats due to a ban on the calendar Huh. A touch of optimism is also in the air as a result of the Warner Bros. film “Godzilla vs. Kong”, which has generated some $ 70 million in box office receipts since opening over the Easter weekend.
Nevertheless, the trade association of the industry, the National Association of Theater Owners, has long warned that the closure of the punishment was the most likely to affect smaller regional players such as ArcLight and Pacific. In March, the Almo Drafthouse cinema chain, which operates around 40 locations nationwide, Announced It had filed for Chapter 11 bankruptcy protection, but most of its locations would remain operational at the time of its reorganization.
This does not appear to be the case for Pacific theaters who, according to two people familiar with the case, fired their entire staff on Monday.
The response to ArcLight’s closure around Hollywood has been emotional, including a shocking take on Twitter.