Latest in iPic

IPIC Theaters Reopening In June: Dine-In Chain Will Check Guest Temperatures, Pause Blanket & Pillow Service

IPIC Theaters announced today that it will start reopening its luxury dine-in chain in its Texas locations, starting with the Fairview and Houston sites on June 4 followed by Austin on June 11. IPIC will play catalog movies upon reopening “at a special ticket price.” No dates listed yet for IPIC California locations…

Box Office

IPic Shares Jump 19% After News Of Luxury Exhibitor’s Delisting By Nasdaq

Shares of luxury exhibitor iPic, which operates 16 theaters in nine states including New York and California, jumped 19% on Friday on 10 times their normal trading volume. The rally isn’t likely to last, though, as word came Thursday from the SEC that the bankrupt company’s stock is set to be delisted next week from…

Business

Luxury Exhibitor iPic Files For Chapter 11, Hopes To Restructure Debt Or Sell Chain

Luxury dine-in theater chain iPic is filing for Chapter 11 bankruptcy amid financial woes that include a recent quarterly loss of $9.3 million, and missing a $10.1 million interest payment to the Employees Retirement System of Alabama and the Teachers Retirement System of Alabama. Today, the pic’s stock is at $0.70…