Pacific Theatres

From Wikipedia, the free encyclopedia
Pacific Theatres
Company typeSubsidiary
IndustryEntertainment
Founded1946
Defunct2021
FateChapter 7 bankruptcy liquidation
Headquarters
ProductsMotion pictures, movie theaters
OwnerThe Decurion Corporation
Websitewww.pacifictheatres.com

Pacific Theatres was an American chain of movie theaters in the Los Angeles metropolitan area of California. Pacific Theatres was owned by The Decurion Corporation which also owned and operated ArcLight Cinemas. In 2008, it sold its store locations in San Diego to Reading Cinemas. In April 2021, Pacific Theatres announced they would not be reopening any of their theater locations after being closed since March 2020 due to the COVID-19 pandemic. In June 2021, the company filed for Chapter 7 bankruptcy.[1] Following the closure, some former Pacific locations were acquired by AMC Theatres.

History[edit]

Pacific Theatres at the Americana at Brand shopping center in Glendale, California

The Forman family founded Pacific Theatres in 1946 and continued to own and operate the company through its Decurion Corporation through its closure in April 2021.

The company had some 300 movie screens in California. Pacific also once operated many drive-in theaters, including in the Pacific Northwest region. They operated the last drive-in in Los Angeles County, the Vineland Drive-In located in the La Puente area.[2] Pacific Theatre also owned the Valley 6 drive-in theatre in Auburn, Washington, which was the last operating drive-in from the United Theatre chain that Pacific ran in the Northwest from the 1950s; it was closed at the end of the 2012 season. Acquisitions over the years include the ArcLight Hollywood and neighboring historic Cinerama Dome in Hollywood.[3]

Pacific was also one of the first theatres to have Samsung Onyx screens, introduced in 2018.[4]

Pacific Theatres was active in real estate development through its Robertson Properties Group, which was originally formed to re-develop former Pacific drive-in theaters. Today Robertson Properties currently acquires and develops retail, office, and residential properties. Developments included theatres at The Grove at Farmers Market in Los Angeles. The other 20 drive-ins in the Northwest that were owned by United Theatre, were redeveloped by Robertson Properties in the 1980s and early 1990s.

On March 17, 2020, Pacific Theatres closed all of its theater locations, including ArcLight Cinemas, to comply with COVID-19 public health mandates. In March 2021, when COVID-19 restrictions were eased in Los Angeles County to allow movie theatres to reopen, all of the Pacific Theatres and ArcLight Cinemas locations notably remained closed. On April 12, 2021, Pacific Theatres announced that it would cease operations permanently, stating "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."[5]

On June 18, 2021, Pacific Theatres filed for Chapter 7 bankruptcy.[1]

Subsequent acquisitions of former Pacific locations[edit]

On July 19, 2021, AMC Theatres announced that it would acquire the leases to the Americana at Brand in downtown Glendale and The Grove at west 3rd Street in Los Angeles locations and that they would reopen in August of that year as part of the AMC chain. The company has not ruled out acquiring the leases of other Pacific Theatres locations.[6] In December 2021, AMC Theatres also announced that they had acquired the lease to the former location at Northridge Fashion Center in Northridge, Los Angeles, which opened in July 2022.[7][8]

Reading Cinemas[edit]

In 2007, Reading International Inc purchased 15 theatres within the Pacific chain in California and Hawaii, and on February 22, 2008, became Reading Cinemas,[9] with the exception of the Hawaiian theatres, which remained under the Consolidated Theatres banner.[10] The chain's remaining theatres are located only within the greater Los Angeles area, Orange County, and San Diego.

References[edit]

  1. ^ a b D'Alessandro, Anthony (June 18, 2021). "Pacific Theatres Files For Chapter 7 Bankruptcy". Deadline Hollywood. Archived from the original on June 18, 2021. Retrieved June 18, 2021.
  2. ^ Nelson, Laura (2013-01-19). "Digital projection has drive-in movie theaters reeling". Los Angeles Times. Archived from the original on 2020-10-31. Retrieved 2020-01-22.
  3. ^ "Pacific Theatres Entertainment Corporation: Company Profile from Hoover's". hoovers.com. 2015. Retrieved November 18, 2015.
  4. ^ Statt, Nick (23 April 2018). "Samsung's giant, 34-foot Onyx screens are 4K monitors for movie theaters". The Verge. Archived from the original on 9 November 2020. Retrieved 10 May 2020.
  5. ^ "ArcLight Cinemas and Pacific Theatres to Close". The Hollywood Reporter. 12 April 2021. Archived from the original on 13 April 2021. Retrieved 13 April 2021.
  6. ^ D'Alessandro, Anthony (2021-07-19). "AMC Closes Deal For Grove & Americana Leases In L.A.; Venues Reopening In August With PLF Upgrades – Update". Deadline. Archived from the original on 2021-07-19. Retrieved 2021-07-19.
  7. ^ Goldsmith, Jill (2021-12-21). "AMC Entertainment Takes Over Two More Arclight Cinemas And Pacific Theatres – In LA, Chicago". Deadline. Archived from the original on 2021-12-22. Retrieved 2021-12-21.
  8. ^ "AMC Northridge 10". cinematreasures.org. Retrieved 2023-05-30.
  9. ^ "Reading International buying theaters from Pacific Theaters". bizjournals.com. October 10, 2007. Archived from the original on December 23, 2014. Retrieved November 18, 2015.
  10. ^ "Consolidated Theatres selling to mainland firm". Honolulu Star-Bulletin. October 10, 2007. Archived from the original on March 5, 2016. Retrieved November 18, 2015.

External links[edit]