The IPIC locations in Westwood and Pasadena will permanently close on April 28, affecting nearly 200 employees. The company has filed for Chapter 11 bankruptcy reorganization as part of its plan to sell its assets and has issued state layoff notices in all states. No potential buyers have publicly commented on the locations. This comes as AMC reports that nearly 10% decrease in attendance in the final quarter of 2025 compared to the previous year.