The headquarters is in 20,200 square feet (1,880 m 2) of office space in the Hidden Grove office building in North Dallas. 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. In April 2021, the company announced that they had emerged from bankruptcy. The company's cash reserves are low due to losses caused by the COVID-19 pandemic. In October 2020, Studio Movie Grill filed for chapter 11 bankruptcy protection.

As of 2019, Studio Movie Grill has locations in 10 states consisting of over 300 screens. The concept evolved into the Studio Movie Grill chain. 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 C-Trail was then removed from the SMG website on Mawith the location’s photos and posts removed from its Facebook site - not exactly a ringing endorsement for its 2.0-leaning future.Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years, until April, 2021. Notes were posted on the door by the operators about how to get free admission to other SMG locations - none of which were close by. Unlike the permanently closed locations, SMG declared this a “temporary closure”. In January of 2021, SMG closed several locations including its DFW locations in Lewisville, Colleyville and the Dallas-based Northwest Highway / former AMC Grand along with locations including Scottsdale, Glendale, Hampton (Virginia), Alpharetta (Georgia), and Copperfield in Houston.īut the Chisholm location sputtered along though closing just two weeks later with four auditoriums in use with “The Croods 2,” “Wonder Woman ‘84,” “The Marksman,” and “News of the World” offered on January 31, 2021. At opening, it was considered the SMG’s next generation “2.0” prototype venue Two months after opening, however, the circuit filed for bankruptcy during the COVID-19 pandemic that decimated theatrical exhibition. It closed abruptly on Januafter just a five-month run. If it is a done deal, it opened Augwith “Tenet” and a few other films. The SMG Chisholm Trail may come back but because of the SMG bankruptcy, it could well be over.

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