Bay Theater Pacific Palisades: Paramount brings back the wildfire cinema

TVS News AI, editorially supervised, presents Bay Theater Pacific Palisades: Paramount brings back the wildfire cinema.

The Bay Theater in Pacific Palisades is getting a second chance. Paramount is taking over operations of the cinema and plans to reopen it after months of closure.

It has been closed since the wildfire in January 2025. Before that, it was leased to Netflix – the owner is developer Rick Caruso. With the streaming service's departure and the outbreak of the fire, the venue lost both its tenant and its audience at the same time.

According to the Hollywood Reporter, the reopening is emblematic of a broader recovery of the cinema landscape in Los Angeles.

What has become of the Bay Theater so far

The cinema had been leased to Netflix for years. Owner Rick Caruso had rented the building to the streaming service. After the end of the lease and the closure following the January wildfires, operations were dormant.

With Paramount, a classic cinema operator is now coming on board, intending to reopen the venue as an arthouse cinema.

Box office in L.A. picks up again

According to the Hollywood Reporter, the reopening is no coincidence. Box office in Los Angeles is overall picking up again, the publication writes. The Bay Theater in Pacific Palisades thus stands as emblematic of the return of the city's cinema landscape.