Why is the ArcLight closing?
The Cinerama Dome at ArcLight Cinemas on Sunset Boulevard in Hollywood sits lighted but empty on March 20. It has since been announced that ArcLight will not reopen. But it appears that a key factor in the decision to close was rent, which is the largest fixed cost for theatrical exhibitors.
Is ArcLight Cinemas open?
Decurian, owner of the Arclight Cinemas and Pacific Theatres announced last month the chain won’t be reopening even as Los Angeles is. Its crown jewel is the Hollywood Arclight on Sunset Boulevard, one of the highest-grossing movie theaters in the nation, and the adjacent Cinerama Dome beloved by filmmakers.
What movie theater is closing in San Diego?
ArcLight Cinemas and Pacific Theatres to Close – NBC 7 San Diego.
Does utc mall have a movie theater?
The ArcLight Cinemas at Westfield UTC will not reopen after more than a year of pandemic-related closure. That includes the 14-screen ArcLight theater in the Westfield UTC shopping center, which was the first ArcLight outside Los Angeles County when it opened in 2012, and the fifth overall.
Who will buy the ArcLight?
Fresh off surviving a global pandemic that nearly killed it, America’s biggest theater chain is ready to seize opportunity. AMC Entertainment Holdings said Tuesday that it will sell 8.5 million shares of company equity to Mudrick Capital Management, L.P. in order to free up $230.5 million in cash.
Who bought ArcLight?
The Decurion Corporation
The ArcLight Hollywood was a 15-screen multiplex located at 6360 Sunset Boulevard in Hollywood, California….ArcLight Hollywood.
| Owner | The Decurion Corporation |
| Opened | 2002 |
| Closed | 2021 |
| Website | |
|---|---|
| www.arclightcinemas.com |
Are all ArcLight closed?
In a huge blow to Los Angeles moviegoers, Pacific Theatres announced Monday that it is closing all of its Pacific and ArcLight Cinemas locations permanently after its business was roiled over the last year by the pandemic.
Who will buy ArcLight Cinemas?
The Wrap reports that AMC “plans to raise $230.5 million for key acquisitions in the movie theater sector — and confirmed talks to acquire venues operated by the now-shuttered ArcLight Cinemas and Pacific Theatres.”
What stores are in La Jolla Village Square?
Store list – Stores in La Jolla Village Square
- AMC Theatres.
- AT.
- Best Buy.
- California Pizza Kitchen.
- Chipotle Mexican Grill.
- Cost Plus World Market.
- Daphne’s California Greek.
- Dentistry and Implants.