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California Cinema Chain Rethinks Real Estate After Seeking Bankruptcy Protection

Metropolitan Theatres Cites 20% Decline in National Box Office Sales This Year
A subsidiary of Los Angeles-based cinema operator Metropolitan Theatres operates the MetroLux Theatres in Loveland, Colorado. (CoStar)
A subsidiary of Los Angeles-based cinema operator Metropolitan Theatres operates the MetroLux Theatres in Loveland, Colorado. (CoStar)
CoStar News
March 5, 2024 | 11:28 P.M.

A movie theater chain that's about a century old is seeking bankruptcy protection in another sign of nationwide turmoil for an industry that's been upended by the COVID-19 pandemic and shifting consumer preferences.

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