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AMC To Reopen Shuttered Theaters At Grove, Americana

LOS ANGELES (CBSLA) — Two popular Southland movie theaters are getting new owners.

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The AMC logo is seen at the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. - A day after its share price almost doubled, AMC Entertainment on June 3 successfully completed a large new equity offering despite warning prospective shareholders that they could potentially lose their entire investment. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

AMC Entertainment Monday announced that it had signed a long-term lease with Caruso real estate company to run the theaters at the Grove shopping center in the Fairfax District and The Americana at Brand in Glendale.

"The Grove and The Americana at Brand theaters are among the most successful theaters in the greater Los Angeles area, and we look forward to delivering the high-quality experience for guests visiting these theaters that AMC is known for in the Los Angeles area and nationally," AMC CEO and President Adam Aron said. "AMC is proud to be expanding in the movie-making capital of the world. And we are eager to get started as soon as possible, showcasing for our guests at these two theaters the exciting lineup of movies scheduled throughout the rest of 2021."

According to a statement from AMC, the theater at the Grove was the second highest grossing movie theater and the theater in Glendale was the fifth highest grossing theater in the Los Angeles area.

The theaters were previously run by the Pacific Theatres chain which went out of business earlier this year.

The company said it remained in "active discussions" with other property owners regarding additional currently closed locations.

Both locations are expected to reopen in August with enhanced food and beverage offerings and renovated auditoriums, AMC said.

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