Did Regal buy ArcLight Sherman Oaks?
The Regal Cinemas movie theater chain run by Cineworld will take over an 87,046-square-foot lease and the former ArcLight theater at Douglas Emmett’s Sherman Oaks Galleria, after the previous movie theater operator failed to survive pandemic lockdowns and permanently closed in April.
Who bought ArcLight Sherman Oaks?
Regal Cinemas
Regal Cinemas is taking over the cinema space occupied by the Arclight Sherman Oaks in Sherman Oaks, CA.
How much does ArcLight cost?
Arclight Ticket Prices
| AGE | TICKET PRICE |
|---|---|
| Children (ages 1-12) | $9.50 – $10.50 |
| Infant (<1 year) | $12.50 – $14.50 |
| Adult | $12.50 – $14.50 |
| Senior (60+) | $9.75 – $11.75 |
What is happening to ArcLight Cinemas?
“After shutting our doors more than a year ago, today we must share the difficult and sad news that Pacific will not be reopening its ArcLight Cinemas and Pacific Theatres locations,” Pacific Theatres said in a statement.
Who bought ArcLight Hollywood?
Regal, AMC’s largest rival, took over the lease of the ArcLight location in Sherman Oaks. Pacific Theatres in June filed for Chapter 7 bankruptcy in order to liquidate its remaining assets.
Did Arclight go out of business?
The 18 Arclight and Pacific Theaters represented about one percent of the North American box-office gross, but the April 13 announcement of their permanent closure by parent company Decurion inspired front-page stories and social-media outpourings of grief.
Who bought Arclight?
AMC Theatres
Now, AMC Theatres has acquired the 14-screen Lincoln Park multiplex formerly under the ArcLight brand, and is eyeing a late spring 2022 reopening. This is amid continuing COVID-19 variants and ongoing economic and viral crises. AMC announced the purchase Dec.
Is ArcLight ever coming back?
There are plans to open the theater, potentially in the first half of 2022, a studio executive confirms. The Arclight Hollywood, which included the Cinerama Dome, shuttered at the outset of the pandemic, and never reopened.
What is happening to ArcLight?