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This location is being acquired by AMC along with 9 other Rave locations. As for a “30-plex” being built somewhere else nobody builds them anymore – not profitable.
AMC is taking this location along with 9 others.
This location is going to be AMC.
This location is one of 10 going to AMC.
Now owned by Regal.
This isn’t going to be one of the Cinemark acquired locations. This one is going to AMC (along with 9 others).
A common misconception is that this theatre was closed due to the Majestic opening next door. Truth be told this theatre wasn’t profitable for a long time before the new 20 screen theatre opened next door. Even if the new theatre didn’t open this theatre’s fate would probably have been the same.
This was originally a Cineplex Odeon location that was part of the merger with Loews, then became AMC when AMC acquired Loews in 2006. This theatre was scheduled for a renovation to stadium seating and an expansion of three screens prior to the AMC acquisition but Loews never followed through with it. The design is pretty much a nightmare in terms of operating it. There are two concession stands across from each other in the lobby, and the entrance at the front is too small. The largest auditoriums are at the front of the building and there isn’t anywhere for people to wait to go into the next show without blocking the concession stands. Also the theatre is designed with the nine auditoriums around the perimeter of the building. This theatre does a solid business but because of it’s age many in the area choose to travel to other places outside of Waldorf to see movies.
AMC recently announced a $4.5 million renovation to include upgraded reclining seats (like the AMC Lakewood 12 or AMC Vestal 9), along with upgrades to the bathrooms, concession area, lobby, and box office areas.
This location is under a management deal so the landlord owns the actual theatre but AMC operates it for a fee.
This is owned by the same company that was once known as Village Theatres in the Chicago area. From what I’ve read about them, they basically take reject theatres from larger chains and run them completely into the ground. Wonder how long it will take them to do that to this location?