Key facts
- Blue Fox Entertainment acquired two iPic Theaters locations.
- The acquired locations are in Westwood, Los Angeles, and New York.
- iPic Theaters filed for bankruptcy in March.
- The acquired theaters will be rebranded as The Cinemas.
- The Cinemas will focus on premium concessions, eliminating in-theater dining.
Blue Fox Entertainment has acquired two iPic Theaters locations in Westwood, Los Angeles, and New York. This acquisition follows iPic Theaters' bankruptcy filing in March. The acquired venues will be rebranded as 'The Cinemas'. The new operational model for The Cinemas will eliminate in-theater dining, shifting the focus to premium concessions with an emphasis on elevated food offerings.