ArcLight Cinemas and Pacific Theaters are permanently closing their 300 locations. The pandemic has claimed another victim. Arclight Cinemas and its parent company Pacific Theaters were unable to weather the endings of the Coronavirus and will close their doors forever under the Decurion Corporation. This includes Hollywood’s iconic Cinerama Dome, which has been home to many blockbuster premieres over the decades and featured prominently in Once upon a time in Hollywood
Movie theaters have recently reopened in California and the United States. The exhibition industry began to look up. But this latest news comes as a huge blow. Pacific had this to say about the permanent closures in an officially released statement.
“After closing our doors over a year ago, today we have to share the difficult and sad news that Pacific will not reopen its ArcLight Cinemas and Pacific Theaters venues. This was not the outcome everyone wanted, but despite a tremendous effort exhausting everything possible options, the company has no viable way forward. “
Arclight Cinemas and Pacific Theaters are some of the most prominent, popular and iconic theaters in the heart of Hollywood. After the news hit, many in the entertainment industry took to Twitter to mourn the unexpected loss. This is a sign that many movie theaters will remain dark and empty, despite the fact that COVID restrictions are beginning to lift. Pacific went on to make this statement about the closure.
“To all Pacific and ArcLight employees who have dedicated their professional lives to making our theaters the very best places in the world to see movies, we are grateful for your service and your commitment to our customers. To our guests and members of the film industry who over the years have made such a magical experience to go to the movies: our deepest thanks. It is an honor and a pleasure to serve you. “
It is not beyond the reach of another major theater chain to take over the leases of these now empty theaters and reopen them to the public. But that will cost quite a bit of money. IndieWire recently reported that Pacific Theaters Exhibition was unable to rent $ 181,900 in March 2021 just for their Arclight location in Culver City. And they owe maybe $ 2.2 million for the full year.
The Decurion Corporation behind Pacific owned more than 300 screens in the California area. This includes 18 Pacific Theaters screens in the Glendale Americana and 14 in the Grove in Los Angeles’ Fairfax district. These were important locations for those entertainment centers. Northridge, Sherman Oaks, Lakewood and Chatsworth were also home to Pacific Theaters which are now permanently closed.
In addition to the legendary Cinerama Dome location, ArcLight cinemas are also located in Pasadena, Santa Monica, Culver City, El Segundo, La Jolla, Boston, Chicago and Maryland
Variety was the first to report this news.