At the time of bankruptcy, per court documents, Studio Movie Grill had $100K in cash.
The Dallas-based company according to reports had received a $75M investment two years ago and was expanding rapidly until the pandemic hit. “I firmly believe in the magic of going to the theater so I hope that after a year of isolation that we start to see more and more communities going back to the movies.”īack in October, Studio Movie Grill, which then counted 33 cinemas, filed for Chapter 11 bankruptcy. “I am honored to have the opportunity to provide three more California communities with jobs that pay fair wages, and a space for each neighborhood to come together for great cinema experiences,” said Schultz in a statement. MAKING HORROR MOVIES SCARIER, COMEDIES MORE LAUGH-OUT-LOUD AND ACTION SCENES MORE INTENSE.
For a limited time, moviegoers can also book private auditorium rentals for up to 50 guests for $99. Moviegoers will receive 25% off food and non-alcoholic beverages for the first 4-weeks after opening.
Alamo Drafthouse Cinema Names Arclight & Pacific Theatres Vet Kevin Holloway As Head Film Buyerĭuring the first week of business, each California Look location will offer moviegoers a preview ticket price of $5.
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