Tuesday, July 14, 2020

[LIGHTS OUT] New Vision Theatres Shuts Down Completely

After about three years in operation and despite no known financial struggles prior to the COVID-19 crisis, an 18 location roughly 200 screen movie theater operator, has shut down permanently.  New Vision Theatresestablished in April 2017, was formed by the acquisition and consolidation of  theaters from AMC Theatres and Carmike Cinemas, among others.  In Atlanta, the company operated two locations: New Vision Theatres Stonecrest 16 +IMAX in Lithonia and New Vision Theatres Movies 400 in Cumming.  
Westfield, New Jersey-based New Vision, like other cinema operators, had been closed since March, when the COVID-19 pandemic led to mandates that non-essential businesses be shuttered to help prevent the spread of the virus.  Despite theater management's best efforts to renegotiate their existing leases, they were reportedly unable to garner enough concessions to continue as a going concern.  

Originally opened by MegaStar Cinemas in early 2002, the theater at The Mall at Stonecrest (8060 Mall Parkway) was purchased by AMC Theatres in mid 2003. New Vision took over in 2017.  

Twelve screen Movies 400 (415 Atlanta Road)  was opened in 2007 by MNM Theatres. In August 2011, it was taken over by Carmike Cinemas.  New Vision purchased it from Carmike in 2017.

Industry leaders AMC Theatres and Regal Cinemas each operate more than a dozen theaters in the greater metro Atlanta area.  Both recently announced their latest reopening plans.  AMC, which had previously announced plans to reopen July 15, now says "most theatres will open doors on 7/30."  Regal Cinemas indicates on its website that it plans to follow a day later with theatres reopening "beginning on July 31."   

What was the last movie you saw in a movie theater? Who should direct the "inspired by true events film" that will tell the COVID-19 story?   You know it's gonna happen.  What upcoming movie are you most looking forward to seeing?

Please share your thoughts below.  

6 comments:

Unknown said...

Stopped going to theatres many years ago, so I won't miss them or any other chain. Seemed like half of the people in the theatre were there for something other than the movie

Anonymous said...

Landlords are so damn short sighted. Won't negotiate now and would rather have no revenue coming in rather than an abatement until opening program. Makes no sense.

Unknown said...

Well, maybe NCG theaters will take over Stonecrest

ESB said...

Movies 400 dates back even further. Saw a movie there in the summer of 2003.

sterling river said...

Seems we just can't have nice things. I used to love going to the movies, until a few years ago when people sitting in the dark theater with the movie running, would stare at their cell phones with the bright light absolutely ruining the show for me. Wasting that ticket money was too irritating. It's been a very long time since I was in a movie theater. Probably won't be again. The world has changed so much, & movies at home are just easier.

SP said...

I really hope so. There isn’t another theater in South DeKalb. NCG is a rock solid theater company, too.

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