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Luxury Movie Theater Chain IPic Files For Chapter 11 Bankruptcy Protection [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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Pending “a process to maximize value to all creditors,” the company will continue to operate and conduct business during what it called an “expedited sale process” for its assets. More from Deadline AMC Networks Expands Ad Initiative To Theatrical Moviegoing, Boosts AI Partnership With Runway AMC Entertainment Shares Tumble To New Low On 10% Drop In Attendance During Fourth Quarter In Warner Merger Battle, Netflix Needs To Take "More Action" To Prove It Loves Movie Theaters, Cinemark CEO Says All company employees received WARN notices about the action. The move was announced overnight last Thursday, escaping wide media attention during the chaotic series of events in the Warner Bros. Discovery-Paramount-Netflix merger saga. Founded in 2010, iPic operates four dine-in theater and restaurant brands, including iPic, City Perch, The Tuck Room and Serena Pastificio. The companies portfolio includes eight restaurant locations and 100 screens in 13 theater sites in California,
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