Longtime CFO and COO Ted Croft also became the chain's new CEO after navigating Studio Movie Grill through the pandemic, in which many of its locations stayed open for food delivery orders, and securing funding in a new equity deal. In April 2021, the company announced that they had emerged from bankruptcy. The company's cash reserves are low due to losses caused by the COVID-19 pandemic. In October 2020, Studio Movie Grill filed for chapter 11 bankruptcy protection. As of 2019, Studio Movie Grill has locations in 10 states consisting of over 300 screens. The concept evolved into the Studio Movie Grill chain. The company originated with the opening of the Granada Prestonwood in Addison, Texas, which featured five screens with private luxury boxes and valet parking. “The community will embrace you, and I would love to be there for the first showing.Studio Movie Grill was founded in 1993 by Brian Schultz, who served as its CEO for twenty-seven years, until April, 2021. Mayor Adams said LOOK would be welcome with open arms: “Come on in and become a part of the community,” Mayor Adams said.

Its locations also host music events and discussions. On top of showing big budget Hollywood films, the company also screens independent films and documentaries. LOOK describes itself as a state of the art immersive presentation experience with high quality dining and cocktails. People may leave the movie hungry and decide to go out to eat or simply spend more time in the area. Mayor Adams noted that the theater doesn’t just help itself as a business but also the businesses located around it. “We’re very hopeful that LOOK will be able to get that up and running pretty quickly, and we can get back going to the movies,” Mayor Adams said. Mayor Tom Adams said he’s hopes the new theater will be ready to go soon. Studio Movie Grill bought the Monrovia theater in 2017 from Krikorian Premier Theatres, later converting it to an in-theater dining experience.

Studio grill movie theater