Studio Movie Grill is an American dine-in
movie theater
A movie theater (American English), cinema (British English), or cinema hall ( Indian English), also known as a movie house, picture house, the movies, the pictures, picture theater, the silver screen, the big screen, or simply theater is a ...
chain based in
Dallas, Texas. The company's theaters feature a bar and lounge area, with meals that are served in the lounge area or at the theater seat before and during the movie.
History
Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years, until April, 2021.
The company originated with the opening of the Granada Prestonwood in
Addison, Texas, which featured five screens with private luxury boxes and valet parking. The concept evolved into the Studio Movie Grill chain. , Studio Movie Grill has locations in 10 states consisting of over 300 screens.
In October 2020, Studio Movie Grill filed for
chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...
protection. The company's cash reserves are low due to losses caused by the
COVID-19 pandemic. In April 2021, the company announced that they had emerged from bankruptcy. Longtime CFO and COO Ted Croft also became the chain's new CEO after navigating Studio Movie Grill through the pandemic, in which many of its locations stayed open for food delivery orders, and securing funding in a new equity deal.
Corporate affairs
The headquarters is in of office space in the Hidden Grove office building in
North Dallas
North Dallas is an area of numerous communities and neighborhoods in Dallas, Texas (United States). The phrase "North Dallas" is also sometimes used to include any suburb or exurb north of Dallas proper within the metropolitan area. The majority of ...
. The headquarters were previously in a area in another building, but moved in 2016.
References
External links
Official website
Movie theatre chains in the United States
Entertainment companies established in 1993
Companies based in Dallas
Entertainment companies of the United States
Companies that filed for Chapter 11 bankruptcy in 2020
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