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AMC closes another former Kerasotes theater in Illinois
posted by
CSWalczak
on
February 15, 2011 at 7:45 am
PARIS, IL — The Paris Theater a former Kerasotes property, was closed by AMC on February 6. The theater opened in 1924 as the Lincoln and was twinned in 1996. The nearest cinema now available to local residents is in Terre Haute, IN, about twenty-five miles away.
Employees of the theater told the Journal-Gazette newspaper in Mattoon that the theater closed Sunday night.
AMC Entertainment spokesman Justin Scott said Wednesday the Paris theater no longer “competed effectively in the marketplace.”
The story is here.
Comments (8)
When AMC closed the Will Rogers @ Charleston, Illinois, I wonder how long it would be before they closed the Paris Theater. Anyone know what the grand total is for the number of former Kerasotes Theaters that AMC closed a few months after obtaining & operating them ? Hopefully another theater chain will reopen the theaters that AMC toss away.
I would think they are in violation of some anti trust law. I think that whoever approves meregers knew how many theater they would close they might have reconsdiered AMC purchasing the Kerasptes chain.
I wouldn’t think that there was any anti-trust concern that would arise now. Typically, in a merger or buy-out situation the concern before the merger or purchase on the part of regulators is the effect on area competition with the intent preventing one operator gaining an unfair competitive advantage in a particular area. As far as I can tell, this was the only theater in the immediate Paris area, so competition would not have been a relevant issue.
As far as I know, there is no law or regulation that any town has to have an operating theater, so once a merger or buy-out is approved, the operator can pretty much do as he wants with the acquired properties. While I am dismayed about these AMC closures from an historical standpoint, the reality is that is that the Paris was nearly ninety years old and given the bottom-line mentality of an outfit like AMC, the Paris was probably on their closing list. I am sure that AMC had no interest in upgrading or preserving it, regarding it simply as an unproductive asset. As far as AMC is concerned, Paris area moviegoers can just go to one of the AMC ‘plexes in Terre Haute for what they probably would call in their corporate-speak “an enhanced cinematic experience” or something like that,
I think the real issue for the theater’s prospects is whether AMC will insert one those disgusting “no cinema use” in into any future purchase or lease agreement. I think those clauses are truly in “restraint of trade.” I could see that happening if AMC is looking down the line and imagining Paris, IL eventually becoming regarded as a bedroom suburb of Terre Haute and thus a site for a future megaplex.
AMC stands for “All May Close”
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Does anyone have an email address for the theater? Trying to get a used concession stand, please email me info. Thanks.
Happily the Paris Theatre is up and running again. Current movies are shown every night on the 2 screens for around $4. There are weekend matinees and in the summer there is a free family movie every weekday afternoon. To find out what is showing, check out their Facebook account.