AMC Closes Deal For Grove & Americana Leases In LA; Venues Reopening In August With PLF Upgrades – Update
Reading now: 733
deadline.comUpdated: AMC has made it official that they’ve reached an agreement with Los Angeles real estate titan Rick Caruso for the leases to the 14-screen Grove Theatre in LA and the 18-screen Americana at Brand Theatre in Glendale, CA located at their respective outdoor malls.Both multiplexes will reopen next month after being closed for more than a year due to Covid.In 2019, the Grove was the 2nd highest grossing cinema in the Los Angeles DMA with $12.3M while the Americana ranked third with an annual gross of $11M.“AMC remains in active discussions with other property owners regarding additional currently closed locations,” reads the No.
Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
