What prompted the decision by the owners of the Pacific Theater chain in Southern California to announce the closure of all their theaters including the beloved Cinerama Dome? This article in the L.A. Times says it's accumulated rent debt. And that's almost certainly it.
But I continue to be optimistic that some if not all of the theaters will resume operation, probably under different ownership. Indeed, the article says, "While most industry insiders expect prime locations such as the Cinerama Dome on Sunset Boulevard to eventually return under new operators…"