L.A.’s art house theaters squeezed by growing competition
LOS ANGELES, CA — With the closing of the Laemmle Sunset 5 last month, it’s been rough for art-house theaters in Los Angeles. However, newcomers like Sundance Cinemas and Alamo Drafthouse are still planning on entering the market. While they think there’s plenty of room for providing a luxury experience, the neighborhoods of Los Angeles can only support so many such theaters. Laemmle is trying to fight this by expanding into less competitive areas.
Read more in the Los Angeles Times.
(Thanks to DavidSimpson for providing the photo.)