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iPic Theaters filed for bankruptcy protection again, pursuing a court-supervised sale of assets in Florida.
Declining ticket sales and shifts in consumer viewing helped drive the bankruptcy filing, THR notes.
iPic plans a court-supervised asset sale while continuing operations during the process.
iPic’s financials show assets up to $50 million and liabilities up to $10 million, with a net loss in 2025 near $20 million.
The filing comes amid broader theater industry pressures, including competition from streaming and volatile box office.
iPic operates 13 dine-in theaters across eight states and employs about 1,300 people.
The case follows a 2019 Chapter 11 filing and a prior buyout by Alabama public retirement funds.
The Hollywood Reporter and Variety both cover the development, highlighting industry context.
iPic’s management emphasizes minimal customer impact during the bankruptcy process.
Market observers see 2026 as pivotal for theater recovery, with big titles looming but inconsistent box office.

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Tulane women’s basketball travels to Florida Atlantic for a 6:00 p.m. CT road game to conclude a stretch of regular-season play.
Both Tulane and FAU sit near the bottom of the American Conference standings with 6-10 records.
The game will be broadcast on ESPN+ and locally heard on WRBH 88.3 FM.
Tulane aims to improve its 6-10 conference record and pull ahead in tiebreakers with a win.
Tulane leads the all-time series 4-1 against FAU, with recent wins last season.
FAU has a 12-16 overall record and a 6-10 conference mark entering the game.
Tulane enters the game 11-17 overall and 6-10 in American play, coming off a senior-day win over Wichita State.
Amira Mabry is approaching Tulane’s all-time scoring list, now at 1,060 career points.
The Owls will see a familiar face in Hanna, who started at FAU before transferring to Tulane.
Tulane will wrap the regular season at home against South Florida, with a 2:00 p.m. tip and ESPN+ streaming.
Tulane earned a berth in the American Conference Tournament with the Wichita State win on senior day.

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