From an article by Jason Hellerman at No Film School.
Of course they are doing streaming movies unlike other directors who only want theatrical, and their film Gray Man is getting a limited theatrical release.
Deadline is reporting that Regal Cinemas has signed a new lease for the Arclight Sherman Oaks.
Regal will reportedly sink $10M into renovating the cinemas bringing it up to date on par with its Regal Irvine Spectrum which reopened last fall for Tenet. Regal recently opened a brand spanking new multiplex in North Hollywood, six miles East of Arclight Sherman Oaks. The new Regal at Sherman Oaks will have 4DX, PLF screens as well as ScreenX which is a three-screen wraparound auditorium (Regal already has one at their Valencia Town Center location in Valencia, CA). Both Regal and Douglas Emmett acknowledged the new lease in the L.A. Times report.
Woohoo, the theater was never one of the best Arclights (though vastly superior to the Santa Monica), as it really only has 2 impressive theaters.
Living in the valley I am so glad it will be back. Now I just hope Decurion, which stills own the land under the Cinerama Dome (though not the Arclight Hollywood next to it) and the Pacific Winnetka, opens the Winnetka back up. The Winnetka used to be a crappy theater, big screens, but crappy seats, but they recently upgraded every theater but the biggest one with recliners and took out multiple rows to do it, so unlike AMC you can still walk in front of the reclines seats, and this made it my favorite theater in the valley. So Decurion come on and re-open your damn theater!