Pasadena Movie Theater To Close Amid Chain's Bankruptcy Proceedings
Airfind news item
By Chris Lindahl
Published on March 4, 2026.
The IPIC locations in Westwood and Pasadena, California, are set to permanently close on April 28, affecting nearly 200 employees. The company has filed for Chapter 11 bankruptcy reorganization as part of a 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 a decrease in attendance of nearly 10% in the final quarter of 2025 compared to the previous year.
Read Original Article