Studio Movie Grill is an American dine-in
movie theater chain based in
Dallas, Texas
Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County ...
. 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
Addison is an incorporated town in Dallas County, Texas, in the United States. Addison is situated to the immediate north of the city of Dallas, with a 2020 census population of 16,661. Addison and Flower Mound were the only two Texas municipali ...
, 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 protection. The company's cash reserves are low due to losses caused by the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...
. 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. 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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