AMC takes advantage of pandemic to expand presence in one notable city: Tinseltown

One of the casualties of the pandemic was the permanent closing of the ArcLight Cinemas and Pacific Theatres chains. ArcLight Cinemas had 11 locations, including a half-dozen in the Los Angeles area, as well as San Diego; two in Chicago; the Washington, D.C., area; and Boston. Pacific Theatres had six cinemas, all in the L.A. area. The move flooded the Los Angeles market with more than 400,000 square feet of movie theater real estate — "an opportunity major chains such as Regal, AMC and Cinemark…