Entertainment & Arts

Landmark Pico To Close At Month’s End In Huge Blow To Los Angeles’ Arthouse Scene

The Hollywood Arclight already closed, along comes another blow to Los Angeles’ specialty cinema scene: The Landmark Pico is closing at month’s end after 15 years, the company said today.

The venue, which has been a destination for academy screenings in addition to Deadline’s Screening Series over the years, will be shuttered when its lease expires May 31.

“For months, we’ve worked to extend our tenancy of The Landmark Pico but have been unable reach terms, Landmark Theatres’ President Kevin Holloway said in a statement. “We send our deepest appreciation to the Pico staff, guests, and the filmmaking community for their support over the years. We’re exploring opportunities to expand our Los Angeles footprint, which we hope to be able to share more on soon.”

The timing of today’s news is particularly unfortunate as the arthouse has begun a comeback with A24’s Everything Everywhere All at Once has put arthouses back on the rails after a long pandemic-burdened dry spell. The pic is racing toward a $50 million haul, with $42.7 million through Sunday and counting.

MORE

Cohen Media Group Acquires Landmark Theatres From Wagner/Cuban Companies

Share this news on your Fb,Twitter and Whatsapp

File source

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button