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Pacific Theatres at the Grove and Americana Will 'No Doubt' Reopen, Mall Owner Rick Caruso Says

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Pacific Theatres at the Grove and Americana Will ‘No Doubt’ Reopen, Mall Owner Rick Caruso Says
Los Angeles billionaire says his company is looking into leasing the multiplexes to a new chain or possibly even taking over the theaters itselfJeremy Fuster | April 18, 2021 @ 4:40 PM
(Photo by Matt Winkelmeyer/Getty Images for Caruso)
Pacific Theatres may be closing 300 theaters in California, but two of the chain’s biggest multiplexes at the Grove and the Americana in Los Angeles won’t be shutting their doors for good, according to the malls’ billionaire owner Rick Caruso.
“There is no doubt in my mind that the theaters will reopen,” Caruso told Bloomberg about the two locations. “Whether we, Caruso, gets in the theater business or we re-lease the properties is being studied by our team.” ....

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Oscars 2021: COVID-19 has rekindled a 'back to the future' love of movies

Oscars 2021: COVID-19 has rekindled a 'back to the future' love of movies
ottawacitizen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ottawacitizen.com Daily Mail and Mail on Sunday newspapers.

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Oscars 2021: COVID-19 has rekindled a 'back to the future' love of movies

For the first time in more than 90 years of Academy Awards history, films released via commercial streaming or video-on-demand may be awarded Oscars on April 25.
In this year of COVID-19 pandemic closures, the Oscars are bypassing the long-standing eligibility rule normally, feature film entries must be shown in a commercial theatre in Los Angeles County for a minimum of three times daily over a week.
In announcing the change, the Academy of Motion Picture Arts and Sciences the body behind the red-carpet event said “there is no greater way to experience the magic of movies than to see them in a theatre. Our commitment to that is unchanged.” ....

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Pacific and ArcLight theaters will not reopen following the pandemic, company says

Pacific and ArcLight theaters will not reopen following the pandemic, company says
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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ArcLight Cinemas, Pacific Theaters to close after pandemic

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In a stunning blow to moviegoers in Southern California, the owner of Pacific Theatres and ArcLight Cinemas said Monday the popular cinema locations will not reopen as Hollywood struggles to recover from the pandemic.
“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. “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.”
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