ArcLight Cinemas and Pacific Theaters are closing their 300 locations permanently. The pandemic has left another victim. Arclight Cinemas and its parent company Pacific Theaters couldn’t survive the coronavirus shutdown and will close their doors forever under the Decurion Corporation. This includes the legendary Cinerama Dome in Hollywood, which has hosted many blockbuster premieres over the decades and which played a prominent role in Once Upon a Time in Hollywood.
The reopening of cinemas in California and the United States has only recently begun. The trade fair industry began to look up. But this latest news is a big blow. Pacific had this to say about the permanent closings in an officially published statement.
“After closing our doors more than a year ago, today we have to share the difficult and sad news that Pacific will not reopen its locations in ArcLight Cinemas and Pacific Theaters. This was not the result anyone wanted, but it was In a tremendous effort that has exhausted all potential options, the company has no viable path forward. ”
Arclight Cinemas and Pacific Theaters are some of the most iconic, popular, and well-known theaters in the heart of Hollywood. After the hit news, many in the entertainment industry took to Twitter to mourn the unexpected loss. This is a sign that many cinemas will remain dark and empty even as COVID restrictions are gradually easing. Pacific went on to make this statement about the closure.
“To all of the Pacific and ArcLight employees who have spent their careers making our theaters the best places in the world to see movies, we appreciate your service and dedication to our customers. Our guests and members of the movie Industry that has made going to the cinema magical over the years: Our deepest thanks. It has been an honor and a pleasure to serve you. ”
It cannot be ruled out that another large theater chain will take over the leases for these now empty theaters and reopen them to the public. But that’s going to cost a lot of money. IndieWire recently reported that Pacific Theaters Exhibition was unable to pay $ 181,900 rent just for its Culver City Arclight location in March 2021. And they could owe $ 2.2 million for the year.
The Decurion Corporation behind Pacific owned more than 300 screens in the California area. This includes 18 screens at Pacific Theaters in Glendale Americana and 14 in Grove in the Fairfax District of Los Angeles. These were important locations for these entertainment centers. Pacific Theaters were also located in Northridge, Sherman Oaks, Lakewood and Chatsworth and are now permanently closed.
In addition to the legendary Cinerama Dome location, there are also ArcLight cinemas in Pasadena, Santa Monica, Culver City, El Segundo, La Jolla, Boston, Chicago and Maryland
Variety was the first to report the news.