AMC poised to take over Pacific movie theaters at the Grove and other LA locations

In an apparent snafu, two Pacific movie houses at Caruso shopping complexes — the Grove in Los Angeles and the Americana at Brand in Glendale — were prematurely listed Tuesday as AMC locations on the larger exhibitor’s app and ticketing website.

The potential deal comes two weeks after AMC Chief Executive Adam Aron said the company was kicking the tires on leases for ArcLight and Pacific locations.

The Cinerama Dome, which made an appearance in “Once Upon a Time in Hollywood,” was not among the locations that showed up on AMC’s website.

Aron’s acquisitive mood reflects a boost in confidence after retail investors, some of whom were inspired by investment forums on Reddit, piled into AMC’s stock, sending the share price soaring.

The shares have increased nearly 2,700% so far this year, giving AMC a market capitalization of about $29 billion.

Ryan Faughnder is a film business reporter for the Los Angeles Times’ Company Town and the host of the entertainment business newsletter The Wide Shot.

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