Studio Movie Grill
 | |
| Studio Movie Grill | |
| Company type | Private |
| Industry | Entertainment |
| Founded | 1993 in Addison, Texas, U.S. |
| Founders | Brian Schultz |
| Headquarters | , U.S. |
Number of locations | 18 (2023) |
Key people | Ted Croft (CEO) |
| Website | www |
Studio Movie Grill is an American dine-in movie theater chain based in Dallas, Texas. The company's theaters feature a bar and lounge area, with meals that are served in the lounge area or at the theater seat before and during the movie.
History
[edit]Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years until April 2021.[1]
The company originated with the opening of the Granada Prestonwood in Addison, Texas, which featured five screens with private luxury boxes and valet parking. The concept evolved into the Studio Movie Grill chain.[2] By 2019, Studio Movie Grill had 33 locations in 10 states with of over 300 screens.[3]
In October 2020, Studio Movie Grill filed for chapter 11 bankruptcy protection. The company's cash reserves were low due to losses caused by the COVID-19 pandemic.[4][5] In April 2021, the company announced that they had emerged from bankruptcy.[6][7] Longtime CFO and COO Ted Croft also became the chain's new CEO after navigating Studio Movie Grill through the pandemic, in which many of its locations stayed open for food delivery orders, and securing funding in a new equity deal.[1]
Corporate affairs
[edit]The headquarters is in 20,200 square feet (1,880 m2) of office space in the Hidden Grove office building in North Dallas. The headquarters were previously in a 16,600-square-foot (1,540 m2) area in another building, but moved in 2016.[8][9]
As of 2024[update], Studio Movie Grill has 18 locations in 5 states with over 150 screens.[10]
References
[edit]- ^ a b "Studio Movie Grill Emerges from Chapter 11, Names Ted Croft As New CEO". Boxoffice. 2021-04-21. Retrieved 2021-08-18.
- ^ Hall, Cheryl (November 22, 2016). "'Visionary' behind the scene of Dallas-based Studio Movie Grill went off the script". The Dallas Morning News. Retrieved October 30, 2019.
- ^ Seidman, Lila (August 16, 2019). "Studio Movie Grill, a theater dining chain, set to open in Glendale's arts district". Glendale News-Press. Retrieved October 30, 2019.
- ^ Maze, Jonathon (2020-10-26). "Hammered by the pandemic, Studio Movie Grill declares bankruptcy". Restaurant Business. Retrieved 2021-07-02.
- ^ Goldsmith, Jill (27 October 2020). "Studio Movie Grill Cinema Chain Files For Chapter 11 As Exhibitors Stagger Under COVID-19 Woes". deadline. Retrieved 16 November 2020.
- ^ Leffert, Catherine (2021-04-22). "Studio Movie Grill emerges from Chapter 11 bankruptcy". Dallas Business Journal. Retrieved 2021-04-22.
- ^ Fuster, Jeremy (2021-04-21). "Studio Movie Grill Emerges From Bankruptcy, With 19 Theaters Reopened by Memorial Day". The Wrap. Retrieved 2021-09-15.
- ^ Kezar, Korri (2016-09-01). "Dallas chicken chain spreading its wings at a new headquarters". Dallas Business Journal. Retrieved 2019-12-30.
- ^ "Contact Us". Studio Movie Grill. Retrieved 2019-12-30.
12404 Park Central Suite 400n Dallas, Texas 75251
- ^ "SMG Locations". studiomoviegrill.com. Retrieved 2024-09-21.
External links
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