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The Decurion Corporation

The Decurion Corporation
IndustryEntertainment
Founded1946
DefunctApril 12, 2021 (2021-04-12)
FateShut down in response to the COVID-19 health crisis
Headquarters
Los Angeles, California, U.S.
ProductsMotion pictures, movie theaters
Websitedecurion.com

The Decurion Corporation was an American corporation with headquarters in Los Angeles, California. It was the parent company of Pacific Theatres and ArcLight Hollywood.[1][2]

The Decurion Corporation is one of the three organizations studied throughout the book An Everyone Culture: Becoming a Deliberately Developmental Organization.[3]

On April 12, 2021, its subsidiaries, Pacific Theatres and Arclight Cinemas announced they would not be reopening any of their theater locations after being closed since March 2020 due to the COVID-19 pandemic and said in a statement to the Los Angeles Times that, “After shutting our doors more than a year ago, today we must share the difficult and sad news that Pacific will not be reopening its ArcLight Cinemas and Pacific Theatres locations,” Pacific Theatres said in a statement. “This was not the outcome anyone wanted, but despite a huge effort that exhausted all potential options, the company does not have a viable way forward.”[4]

Although the majority of Pacific's theatres were purchased by AMC Theatres and Regal Entertainment, Decurion retained ownership of the Cinerama Dome and ArcLight Hollywood location. In 2022, it was announced that Decurion intended to reopen both theatres again after remodeling work was completed. At the present time, they have announced that they are aiming for a 2025 reopening, after having several other opening dates get pushed back.[5]

References

  1. ^ Singer, Natasha (17 March 2012). "Helping Managers Find, and Fix, Their Flaws (Published 2012)". The New York Times. Archived from the original on 2023-06-29.
  2. ^ Businessweek
  3. ^ Kegan, Robert (2016). An Everyone Culture. Boston, Massachusetts: Harvard Business Review Press. ISBN 9781625278623.
  4. ^ Faughnder, Ryan (12 April 2021). "Pacific and ArcLight theaters will not reopen following the pandemic, company says". Los Angeles Times. Retrieved 13 April 2021.
  5. ^ https://www.indiewire.com/news/general-news/cinerama-dome-to-reopen-spring-2025-1234931211/
Quelle: https://en.wikipedia.org/wiki/The_Decurion_Corporation