The Hollywood Arclight already closed, along comes another blow to Los Angeles’ specialty cinema scene: The Landmark Pico is closing at month’s end after 15 years, the company said toda…
The venue, which has been a destination for academy screenings in addition to Deadline’s Screening Series over the years, will be shuttered when its lease expires May 31.
“For months, we’ve worked to extend our tenancy of The Landmark Pico but have been unable reach terms,’ President Kevin Holloway said in a statement. “We send our deepest appreciation to the Pico staff, guests, and the filmmaking community for their support over the years. We’re exploring opportunities to expand our Los Angeles footprint, which we hope to be able to share more on soon.”
The timing of today’s news is particularly unfortunate as the arthouse has begun a comeback with A24’s after a long pandemic-burdened dry spell. The pic is racing toward a $50 million haul, with $42.7 million through Sunday and counting.
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