Another popular movie theater chain files Chapter 11 bankruptcy

Film theaters have confronted fierce competition from various media for the reason that 1980s, and it easiest got worse after the Covid-19 pandemic.

Increased sales of video cassette recorders within the 1980s and 90s, movie production firms' expansion of promoting movies on VHS tapes, and the expansion of video condo retailer chains, led to more other people watching movies at residence and a reduction in movie theater attendance.