Exhibition

Arclight Cinemas and Pacific Theatres to close permanently

Posted 5 years ago

Even though the box office and exhibition have been rebounding from the effects of the pandemic, the industry was dealt a big blow when it was announced on Monday that Arclight Cinemas and Pacific Theatres would be closing permanently.  According...

Alamo Drafthouse Cinema files for Chapter 11 bankruptcy

Posted 5 years ago

Texas-based theater chain, Alamo Drafthouse, has filed for Chapter 11 bankruptcy. The filing comes along with an asset purchase agreement with Altamont Capital Partners, a previous investor in the company. A new backer, Fortress Investment Group, and its affiliates are...