Home / Arts and Entertainment / Paramount Revives Historic Bay Theater
Paramount Revives Historic Bay Theater
13 Oct
Summary
- Paramount Pictures has leased the Bay Theater in Pacific Palisades.
- The theater will feature state-of-the-art projection and dining service.
- The Bay Theater is expected to reopen later this year after renovations.
Skydance-owned Paramount Pictures has secured the lease for the Bay Theater in Pacific Palisades, planning its reopening later this year. The cinema, closed since the January 2025 fire, will undergo upgrades with advanced projection technology and in-seat dining.
Rick Caruso, owner of the Palisades Village shopping center, confirmed Paramount's plans to show first-run films from all studios. The theater will be managed by The Lot, a luxury dine-in cinema chain. Caruso expressed optimism about the theater's revival as a symbol of Los Angeles' resilience.
Paramount's lease is long-term, though financial terms were not disclosed. David Ellison, CEO of Skydance, highlighted the theater's importance to the neighborhood fabric and the community's shared experience of cinema.
Previously leased by Netflix for events and screenings, the Bay Theater now transitions to Paramount's operation. This move follows Paramount's recent acquisition by Skydance and its commitment to theatrical releases.
