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Studio Movie Grill Goes Bankrupt With Covid-19 Slamming Theaters

Oct. 23, 2020, 9:19 PM

Studio Movie Grill Holdings, the theater chain where film-goers can order Sriracha chicken sliders and a Cruzan mango mojito right in the middle of the latest blockbuster, filed for bankruptcy on Friday after the Covid-19 pandemic kept audiences away.

It’s another sign that the movie industry is caught in a downward spiral, with people staying home to avoid catching the disease, and studios holding back new films that might attract them. The biggest chain, AMC Entertainment Holdings Inc., has said it may run out of cashby the end of this year or early in 2021.

“We plan ...

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