Exhibition Battle In Chicago Heating Up
CHICAGO, IL — Rumors of the McClurg Court’s demise may have been premature as the aging Loews Cineplex movie house prepares to square off against a new 21-screen AMC megaplex opening nearby, according to a report in today’s Chicago Tribune.
A previously announced plan by another group to spend $5 million to convert the McClurg Court into a performing arts center seems to have fallen apart due to a lack of financing, and for the time being, the McClurg Court has remained open and still showing first-run movies.
According to the Tribune, Loews Cineplex currently has no immediate plans to shutter the 1970s theater which houses three auditoria including its popular 800-seat main screen.
AMC’s new complex has taken four years to bring to fruition, but the successful exhibitor, which weathered the exhibition collapse without filing for bankruptcy, has finally announced that November 1st will be the opening day of the new 21-screen AMC River East.
Let the games begin…
(Thanks to Bryan Krefft for the news!)