IPIC Theaters announced today that they’ll start reopening their luxury dine-in chain in its Texas locations, starting with their 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 in Pasadena and
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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, down close to 60%