Author: Deadline

Regal took a beat from closing theaters, announcing today it’s entered a lease agreement with Onni Group to operate the former ArcLight theatre at The Paseo in Pasadena. The 14-screen theater was shuttered by Covid in March of 2020 and never returned to business. Regal will be announcing details soon including promotional offers and an official opening date for Regal Paseo. The Paseo development with, shopping and dining, “has long been the entertainment destination for Pasadena; however, since 2020, it has been missing one important element, a state-of-the-art theatre.” said Mooky Greidinger, CEO of Cineworld, parent…

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Judge Marvin Isgur on Wednesday told parties to the Cineworld bankruptcy that they need to speed things up as debtors and creditors hash out a restructuring plan for the giant movie chain, including closing theaters, wrapping up lease negotiations with landlords, and advancing an overall sale process. “We are not going to stick around forever. The debtors need to be aggressive. I am not sitting here for a year, or for six months, to figure out what shops are closing. That is a process that is going to happen now,” said Isgur,…

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