LOS ANGELES, CA – It has been more than a year since California Governor Gavin Newsome shut down the entire theater industry in his state. Now, the financial tolls for one chain are too much to rebound from. ArcLight and Pacific Cinemas will shut their doors for good and not reopen.
The company operated the iconic Cinerama Theatre on Hollywood’s Sunset Boulevard.
“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,” the company said. “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.”
The company wished its employees the best and thanked them for their service to the business.
“To all the Pacific and ArcLight employees who have devoted their professional lives to making our theaters the very best places in the world to see movies: we are grateful for your service and your dedication to our customers,” the company said. “To our guests and members of the film industry who have made going to the movies such a magical experience over the years: our deepest thanks. It has been an honor and a pleasure to serve you.”
Newsome, like other Democrat governors, including Phil Murphy in New Jersey, Andrew Cuomo in New York and Gretchen Maxwell in Michigan have enforced prolonged economic shutdowns that are bankrupting businesses and destroying their states’ private economies.