Business seems to be picking up and company growth is happening once again in the Los Angeles region. While the entertainment industry was probably the hardest hit in the peak of the pandemic, thankfully now transactions are occurring in that sector. The examples we look at here are: AMC Entertainment and ESPN.
There will be two more AMC Entertainment locations in Los Angeles. The cinema company (the largest worldwide) is taking over The Grove shopping complex 14-screen cinema as well as the Brand’s 180screen cinema. AMC Entertainment entered into a transaction with Decurion which owns Pacific Theatre. Opening of the Grove theater (which three years ago was the 2nd highest grossing cinema) is anticipated for next month.
Anchors Neil Everett and Ashley Brewer will be connecting with ESPN. Brewer will join the 1 am EST edition with Everett, Linda Cohn and Stan Verrett, moving from her position as host of SportsNation.