Larry H. Miller Megaplex is a subsidiary of the Utah family investment firm, which deals in everything from automobiles to real estate.
Now, the Millers are taking over Park City’s only remaining commercial movie theater.
“It's one that we know with a Megaplex touch and some reinvestment will be a theater that provides a lot of joy for the community,” Megaplex Theatres President Britten Maughan said.
Megaplex Theatres promises to renovate the 20-year-old cinemas with heated recliners as well as upgrade the tech, décor, food and beverages.
Formerly, California-based Metropolitan Theatres Corporation owned Redstone 8 Cinemas and Holiday Village 4 Cinemas through its own subsidiary.
After Metro Theatres filed for chapter 11 bankruptcy Feb. 29, Park City’s Holiday Village abruptly closed March 28.
Redstone in Kimball Junction was the company’s last theater in Utah.
It has hosted the Sundance Film Festival, which recently announced it’s considering other locations around the country after 2026.
“We do expect to host Sundance for their next festival at this location,” Maughan said. “Obviously, the future of Sundance is still being discussed and that's between the city and Sundance. But we are going to be hosting them, both at this Park City location as well as The Gateway in downtown Salt Lake.”
The local company takes over July 1 when it will begin renovations with plans to reopen before the holidays.