On Monday, AMC Entertainment Inc. CEO Gerry Lopez said the Kansas City-based movie theater operator hadn’t been able to patch things up with The Cordish Co., its joint-venture partner for the theater. The parties differed on how to turn a profit on the Mainstreet; AMC will get an undisclosed amount of cash as it bows out.
AMC ceases its operating role there Wednesday, and that morning, workers already were tearing the AMC logo off building signage.
Cordish already has a new theater operator on tap: Texas-based Alamo Drafthouse Cinema. The operator plans to screen first-run movies, as well as its brand of offbeat genre and older films. It also plans to maintain a food and beverage service.
The Mainstreet, located at 14th and Main streets, reopened in 2009 after a more than $25 million renovation of the former Empire Theatre.
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