AMC Theatres plans to reopen theatres in the Los Angeles and Chicago markets. AMC is expected to begin operations at AMC Northridge Fashion Center 10, formally a Pacific theatre, in Northridge, California in the spring. AMC further also expects to begin operations at AMC Chicago 14, formally an Arclight location in in the Lincoln Park neighborhood, under a new name in spring.
AMC says it remains in active discussions with other property owners regarding additional currently closed locations.
Adam Aron, chairman and CEO of AMC said, "These theatres have previously been high-traffic, successful locations, in two of AMC’s top markets, and we are pleased to offer the AMC experience at them a few months from now in 2022. These are prime examples of how AMC is staying on offense, looking for opportunities to strengthen our company through the acquisition of these popular locations. Our most recent acquisitions of AMC The Grove 14 and AMC Americana at Brand 18 are already showing their success as those locations routinely finish in the top 10 theatres in box office performance among more than 150 theatres in the LA market, and in the top 30 in the entire United States."
AMC Entertainment Holdings amctheatres.com