iPic Entertainment, Inc. (OTCMKTS: IPICQ) operates a chain of premium dine-in movie theaters across the United States. The company is known for blending luxury hospitality with traditional film exhibition, offering moviegoers a combination of upscale seating, on-demand food and beverage service, and immersive audiovisual environments. Through its branded locations, iPic provides patrons with recliner seating, in-theater service options, curated menus, full-service bars and private screening rooms, aiming to differentiate itself from conventional cinema experiences.
Founded in 2013 and headquartered in West Palm Beach, Florida, iPic Entertainment initially launched its first theater under the “ePic Theatres” banner before adopting the iPic name. Since opening its inaugural location, the company has expanded into key markets including California, Texas, Florida, New York and the Washington, D.C. area. This geographic footprint has been built through both company-operated venues and strategic partnerships, positioning iPic in high-density urban and suburban locations that cater to a demographic seeking premium entertainment options.
In addition to exhibition, iPic has sought to develop ancillary revenue streams such as private event rentals and specialized programming, including early screenings, themed nights and curated film series. The company’s private screening suites offer customizable experiences for corporate gatherings, social events and special occasions, further leveraging its hospitality infrastructure. iPic’s bar and restaurant menus feature made-to-order dishes alongside craft cocktails, wine selections and local specialty items, underscoring its focus on a high-touch guest experience.
Under the leadership of Chairman and Chief Executive Officer Hamid Hashemi, iPic has navigated both rapid growth and operational challenges, including a restructuring that allowed the company to realign its cost structure and seek new capital opportunities. Drawing on Hashemi’s background in finance and entertainment, the management team continues to pursue expansion of the iPic brand, with an emphasis on innovation in guest services and selective market development. Looking ahead, the company aims to enhance its digital engagement platform, explore content partnerships and broaden its footprint in established and emerging metropolitan areas.
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