Khan’s lawyer, Jeff Golub of Beck Redden LLP, argued in the suit that the effort at reduce the price was proof Cinemex was aware of the pandemic’s potential impact on revenue before entering the deal. The terms of the deal were not disclosed, but the lawsuit alleged that Cinemex was able to extract “a multi-million dollar reduction in the purchase price for the transaction by pointing to the coronavirus outbreak and raising the possibility that it could force the Star Cinema Grill premises to close for an indefinite period of time.” He grew up in the entertainment and movie theater industry his Pakistani immigrant father opened Bollywood Cinema at Fondren and Westheimer, one of the first theaters to bring Bollywood movies to Houston. The concept evolved into the Studio Movie Grill chain. 1 The company originated with the opening of the Granada Prestonwood in Addison, Texas, which featured five screens with private luxury boxes and valet parking. Discover it all at a Regal movie theatre near. Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years, until April, 2021. Khan began Star Cinema Grill in 2003 with the District Theater in Webster, one of the first in the region to sell beer and wine. Get showtimes, buy movie tickets and more at Regal Edwards Greenway Grand Palace movie theatre in Houston, TX. Box office revenue dropped to a 20-year low the week before Star Cinema shut its doors, according to the movies analytics company Comscore.

The movie theater industry has been hard hit by the pandemic. Neither party could be immediately reached for comment. Star Cinema Grill temporarily shut down its theaters the following morning.

Star cinema grill