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The U.S. film exhibition industry absorbed a major loss as the privately-held Decurion Corporation announced the closure of its Arclight Cinemas and Pacific Theatres chains.
What Happened: The two chains have been shuttered since the COVID-19 pandemic took root in March 2020. In a statement, the company announced operations will not be revived.
“This was not the outcome anyone wanted, but despite a huge effort that exhausted all potential options, the company does not have a viable way forward,” the company said.
The Pacific Theatres and Arclight brands consisted of more than 300 screens in California, most notably the iconic Cinerama Dome, a geodesic dome theater built in 1963 to accommodate the premiere of the slapstick epic “It’s a Mad, Mad, Mad, Mad World” and featured in many notable films, most recently Quentin Tarantino s Once Upon a Time in Hollywood. The chains also operated venues in Boston, Chicago and the Washington, D.C., metro area.
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