AMC to Acquire Theaters at The Grove, The Americana

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AMC to Acquire Theaters at The Grove, The Americana

AMC Entertainment Holdings Inc. has acquired two of Los Angeles’ highest grossing movie theaters, the 14-screen cineplex at The Grove and the 18-screen multiplex at The Americana at Brand.

The theaters were closed by former owner Pacific Theatres on March 17, 2020, due to Covid-19.

 
AMC said it signed a long-term agreement with real estate company Caruso, owner of The Grove and The Americana, to lease the theaters. AMC plans to reopen both theaters in August. Both theaters remained shuttered even after Los Angeles County allowed theaters to resume operation.

 
After Pacific’s parent company, Decurion Corp., announced in April 2021 that it would cease operations permanently, speculation began that AMC could take over those
locations. With the announcement, AMC revealed plans for auditorium and menu renovations, as well as implementation of the chain’s loyalty program, AMC Stubs.

 
AMC remains in active discussions with other property owners regarding additional closed theater locations owned by Pacific, but the company did not specify if those included the Arclight Hollywood, which also operated the Cinerama Dome before its closure.

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Todd Gilchrist
Todd Gilchrist is a Los Angeles-based reporter and film critic with 20+ years of experience at dozens of print and online outlets, including Variety, The Hollywood Reporter, Entertainment Weekly and Fangoria. An obsessive soundtrack collector, sneaker aficionado and member of the Los Angeles Film Critics Association, Todd currently lives in Silverlake, California with his amazing wife Julie, two cats Beatrix and Biscuit, and several thousand books, vinyl records and Blu-rays.

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