Regency acquires Bruin, Westwood Village cinemas
LOS ANGELES, CA — After so many heartbreaking theater losses in Westwood Village the past few years, it looked like the worst case scenario was about to occur as Mann Theatres' final leases in the neighborhood were about to run out. That was until Regency Theatres announced yesterday that as of tomorrow, they will be operating the Village and Bruin theatres.
Regency’s show of faith is good news for standalone theaters, and could spark interest in other historic venues, including the for-sale Grauman’s Chinese.
Regency entered long-term leasing negotiations with the theater’s local owners at the beginning of the year, after previous operators Mann Theaters decided last year not to renew its leases.
Read more in Variety.