April 13, 2021
The most beloved movie theaters in Los Angeles are closing. Now cinephiles in the movie-obsessed city are shining a Bat-Signal into the sky, hoping a deep-pocketed company (or individual) will swoop in and rescue them. The question is: Who will answer the call?
ArcLight Cinemas and Pacific Theatres are permanently shuttering all 16 of their southern California locations, the theater chains announced in a statement yesterday, citing financial hardship brought about by the Covid-19 pandemic. “This was not the outcome anyone wanted, but despite a huge effort that exhausted all potential options, the company does not have a viable way forward,” the statement said. Both chains, which are owned by the Los Angeles-based real estate development company Decurion, had been closed since March 2020.
Arclight and Pacific will not be reopening avclub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from avclub.com Daily Mail and Mail on Sunday newspapers.