The present is formally over for one among Southern California’s most luxurious film theaters after the corporate introduced its closing the iPic theater in Pasadena after 35 years.
The high-end film chain mentioned as a part of the chapter restructuring, the theater will shut its doorways for good, after beforehand vowing that the popcorn would preserve popping.
“As a part of our Chapter 11 restructuring IPIC Theaters made the tough choice to shut our Pasadena location on Wednesday, June 3, 2026,” the press launch learn.
“It has been an honor to serve our visitors and IPIC ACCESS Members and we’re extremely grateful on your patronage.”
Company had been then invited to get pleasure from a free film and menu merchandise one final time earlier than the ultimate credit rolled on Wednesday night time.
Initially opening in 2010, the iPic theater in Outdated City Pasadena was a part of the One Colorado purchasing heart undertaking.
It supplied film lovers plush recliners, craft cocktails and full-service eating.
At one level, the corporate boasted eight restaurant places and 100 screens throughout 13 theaters in states together with California, Florida, Georgia, Maryland, New Jersey, New York, Texas and Washington.
The chain carved out prime actual property in LA and Manhattan, together with a Westwood complicated on Wilshire Boulevard and a location at South Road Seaport in NY.
In March, the cinema operator quietly filed for Chapter 11 safety plotting a court-supervised sale of its property whereas promising to maintain the lights on throughout what it known as an “expedited” fire-sale course of.
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Behind the scenes, all staff had been slapped with WARN notices as the corporate braced for potential layoffs.
As a part of the restructuring, Cinemex Holding USA, Inc. will function the iPic theater places in Florida, Texas, Maryland, Georgia, and New Jersey, per the discharge.
In the meantime, Blue Fox Theater acquired and can run operations for iPic Fulton Market in New York Metropolis and the Westwood location in LA, rebranding the iPic theater into The Cinemas.
There will likely be a couple of different modifications with the Blue Fox acquisitions, with in-theater eating ending and as a substitute the corporate providing premium concessions “whereas creating elevated moviegoing experiences for audiences,” Blue Fox Leisure Group founder James Huntsman instructed Selection.
The Pasadena location wasn’t the one theater that closed its doorways for good, in April the iPic in Redmond, Washington, turned off the lights.
This marks iPic’s second journey by means of chapter court docket after a 2019 submitting.
CEO Patrick Quinn mentioned the corporate decided {that a} court-supervised asset sale is “in the most effective curiosity” of stakeholders after weighing its choices.
He insisted operations will proceed with “minimal affect” as execs push what they hope will likely be a easy restructuring — and a shot at returning to the luxury-theater sport as soon as the credit roll on this newest monetary drama.
The Submit reached out to Blue Fox Leisure Group for additional remark.
