Company type | Private |
---|---|
Industry | Entertainment |
Founded | 1923 |
Founder | Joseph Corwin |
Fate | Filed for Chapter 11 bankruptcy in 2024 |
Headquarters | , |
Area served | Southern California Loveland and Steamboat Springs, Colorado Park City, Utah |
Key people | David Corwin (CEO) |
Services | Movie theater |
Owner | Corwin family |
Website | www |
Metropolitan Theatres is Los Angeles's oldest movie theater chain. [1] Opened in 1923, they filed for Chapter 11 bankruptcy in 2024, at which point they owned 15 theaters: ten in southern California (including seven out of eight in Santa Barbara), three in Colorado, and two in Utah. [2] [3]
Metropolitan Theatres was founded by Joseph Corwin in 1923. [2] At the time, the Corwin family operated almost every movie theater in downtown Los Angeles's Broadway Theater District, the city's premiere theater venue until Hollywood was built up in the 1920s and 30s. [1] [4] [5]
In the 1950s, Metropolitan Theatres expanded into Santa Barbara. [3] In the 1970s, they shifted to blaxploitation films in their downtown Los Angeles theaters, in the 1980s, those same theaters shifted again, to Spanish language cinema. The company at one point had more than 1000 employees. [1]
The company filed for Chapter 11 bankruptcy in 2024. Chief Executive Officer David Corwin blamed the bankruptcy on the Covid 19 pandemic, which he said was "devastating to the business," as well as the WGA and SAG-AFTRA strikes and increased labor, rent, and utilities expenses. [1]
Notable theaters that have been either owned or operated by Metropolitan Theatres include:
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