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Picturehouse has announced that it will be closing two of its cinemas in London this summer.
Bromley Picturehouse will be putting the shutters up on August 1, while the famous Fulham Road Picturehouse will be closing its doors at the end of July 11.
Both signal a major loss to London’s cinema scene. The Fulham Road venue has been home to a cinema since the 1930s and received a glitzy 1930s-style renovation when it switched from Cineworld to Picturehouse in 2019.
The future of the site, which has been owned by local property developer and owner Martin’s Properties for 20 years, is unclear but may still involve a cinema.
‘We are committed to securing a long-term future for this building and are already in discussions with officers at Royal Borough of Kensington and Chelsea Council,’ said Martin’s Properties in a statement. ‘Among our priorities will be to preserve and protect the Art Deco façade of the building on Fulham Road, and we are also exploring options for retaining some cinema use.’
‘However, that is increasingly challenging as a consequence of the severe challenges faced by the UK cinema industry in recent years with reducing admissions, made worse at Fulham Road by increased local competition and a building that is unsuitable for a 21st century cinema.’
The news comes after Picturehouse’s owners, Cineworld, announced plans to restructure its UK business. The cinema runs more than a hundred sites in the country.
As Time Out reported last year, the post-pandemic slowdown in moviegoing has been impacting cinemas of all sizes across the country. Multi-screen venues and multiplexes have been particularly exposed, although the blockbuster success of ‘Inside Out 2’ (£23 million in UK box office to date) is cause for optimism.
And in more positive news for London film lovers, Walthamstow’s old Empire cinema will be reopening as Forest Cinemas later in 2024.
Picturehouse continues to run multiple cinemas across the capital, including its flagship, Picturehouse Central, the Ritzy in Brixton, and the new Ealing Picturehouse.
It’s official: Walthamstow is getting its only cinema back.
Londoners’ 25 favourite cinemas in the capital.
Originally this story claimed that the Fulham Road Picturehouse site had been sold to developers. The piece has been changed to reflect the fact that Martin’s Properties have owned the site for 20 years and are currently exploring options for its future use.