Studio Movie Grill

{{Infobox company

| name = Studio Movie Grill Holdings, LLC

| trade_name = Studio Movie Grill

| logo = Studio Movie Grill Wordmark.png

| logo_alt =

| image =

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| type = Private

| traded_as =

| founders = Brian Schultz

| predecessors =

| foundation = {{Start date and age|1993}} in Addison, Texas, U.S.

| location_city = Dallas, Texas

| location_country = U.S.

| num_locations = 18 (2023)

| key_people = Ted Croft (CEO)

| owner =

| industry = Entertainment

| num_employees =

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| homepage = {{URL|https://www.studiomoviegrill.com}}

}}

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

Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years until April 2021.{{Cite web|date=2021-04-21|title=Studio Movie Grill Emerges from Chapter 11, Names Ted Croft As New CEO|url=https://www.boxofficepro.com/studio-movie-grill-emerges-from-chapter-11-names-ted-croft-as-new-ceo/|access-date=2021-08-18|website=Boxoffice|language=en-US}}

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.{{cite news|last=Hall|first=Cheryl|title='Visionary' behind the scene of Dallas-based Studio Movie Grill went off the script|work=The Dallas Morning News|date=November 22, 2016|url=https://www.dallasnews.com/business/local-companies/2016/11/22/visionary-behind-the-scene-of-dallas-based-studio-movie-grill-went-off-the-script/|access-date=October 30, 2019}} By 2019, Studio Movie Grill had 33 locations in 10 states with of over 300 screens.{{cite news|last=Seidman|first=Lila|title=Studio Movie Grill, a theater dining chain, set to open in Glendale's arts district|work=Glendale News-Press|date=August 16, 2019|url=https://www.latimes.com/socal/glendale-news-press/news/story/2019-08-16/studio-movie-grill-glendale-opening|access-date=October 30, 2019}}

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.{{Cite web|last=Maze|first=Jonathon|date=2020-10-26|title=Hammered by the pandemic, Studio Movie Grill declares bankruptcy|url=https://www.restaurantbusinessonline.com/amp/financing/hammered-pandemic-studio-movie-grill-declares-bankruptcy|access-date=2021-07-02|website=Restaurant Business|language=en-US}}{{Cite web|last=Goldsmith|first=Jill|date=27 October 2020|title=Studio Movie Grill Cinema Chain Files For Chapter 11 As Exhibitors Stagger Under COVID-19 Woes|url=https://deadline.com/2020/10/studio-movie-grill-cinema-chain-files-chapter-11-on-covid-woes-1234604229/#:~:text=Studio%20Movie%20Grill%2C%20the%20in,the%20Northern%20District%20of%20Texas.|archive-url=|archive-date=|access-date=16 November 2020|website=deadline}} In April 2021, the company announced that they had emerged from bankruptcy.{{Cite web|last=Leffert|first=Catherine|date=2021-04-22|title=Studio Movie Grill emerges from Chapter 11 bankruptcy|url=https://www.bizjournals.com/dallas/news/2021/04/21/studio-movie-grill-chapter-11.html|access-date=2021-04-22|website=Dallas Business Journal|language=en-US}}{{Cite web|last=Fuster|first=Jeremy|date=2021-04-21|title=Studio Movie Grill Emerges From Bankruptcy, With 19 Theaters Reopened by Memorial Day|url=https://www.thewrap.com/studio-movie-grill-emerges-from-bankruptcy-with-19-theaters-reopened-by-memorial-day/|access-date=2021-09-15|website=The Wrap|language=en-US}} 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.

Corporate affairs

The headquarters is in {{convert|20200|sqft|sqm}} of office space in the Hidden Grove office building in North Dallas. The headquarters were previously in a {{convert|16600|sqft|sqm|adj=on}} area in another building, but moved in 2016.{{cite web|author=Kezar, Korri|url=https://www.bizjournals.com/dallas/news/2016/09/01/dallas-chicken-chain-spreading-its-wings-at-a-new.html|title=Dallas chicken chain spreading its wings at a new headquarters |work=Dallas Business Journal|date=2016-09-01|access-date=2019-12-30}}{{cite web|url=https://www.studiomoviegrill.com/help/contact-us|title=Contact Us|publisher=Studio Movie Grill|access-date=2019-12-30|quote=12404 Park Central Suite 400n Dallas, Texas 75251 }}

{{As of|2024}}, Studio Movie Grill has 18 locations in 5 states with over 150 screens.{{Cite web|title=SMG Locations |url=https://www.studiomoviegrill.com/locations|access-date=2024-09-21|website=studiomoviegrill.com}}

References

External links

[https://www.studiomoviegrill.com Official website]

Category:Movie theatre chains in the United States

Category:Entertainment companies established in 1993

Category:Companies based in Dallas

Category:Entertainment companies of the United States

Category:Companies that filed for Chapter 11 bankruptcy in 2020