8legs: Ipic theaters

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#1 out of 2

Blue Fox Entertainment has acquired two iPic theater locations in Westwood Village and New York, to be renamed The Cinemas.
The acquisition follows iPic’s March bankruptcy filing and marks a shift away from in-theater dining.
The Cinemas will continue to show major studio releases alongside independent films and classic movie nights.
Blue Fox plans event-focused programming, including advance screenings and filmmaker Q&As.
Founder James Huntsman said expanding into theatrical exhibition strengthens Blue Fox’s position as a fully integrated entertainment group.
The Cinemas will remove in-theater dining but keep the Tuck Room restaurant and bar open during the transition.
The Westwood and New York venues are long-standing premium cinema destinations.
Blue Fox will shift the focus to elevated concessions to enhance the cinematic experience by reducing distractions.
Blue Fox intends to build a vertically integrated platform supporting filmmakers from development to distribution.

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#2 out of 2

Blue Fox Entertainment has acquired two iPic Theaters locations in Los Angeles and New York City and will rebrand them as 'The Cinemas'.
The theaters will be renamed The Cinemas and stay open during the transition.
iPic filed for bankruptcy in March, prompting the sale to Blue Fox.
Manhattan’s Fulton Market venue has eight screens; Westwood Village has six auditoriums.
No other iPic locations were acquired; Pasadena location recently closed.
Blue Fox plans to introduce new programming at the venues post-acquisition.
In-theater dining is being phased out in favor of traditional concessions.
Blue Fox positions the move as strengthening its position in the U.S. theatrical market.
Tuck Room restaurant and cocktail lounge will remain open during the rebrand.
Blue Fox intends to add special engagements and community-focused events at the venues.

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