Troy Chamber: Paul Glantz on effects of COVID-19 on theater industry
Paul A. Glantz, B.A. ‘80, co-founder and chairman of Emagine Entertainment, a Mike Ilitch School of Business graduate and member of the school’s Board of Visitors, discussed the effects of COVID-19 on Emagine theaters and the theater business.
“Yes, sadly we had to furlough all of our non-managerial teammates. We have retained all our theater managers, including our hourly managers and they are working independently in separate areas of each facility undertaking special projects long referred to as ‘if I had time’ tasks. We consider their roles essential because we have to try to protect our buildings and ensure that they are maintained so that we can resume normal operations in the future. (Even with such efforts, our Canton Twp. facility was vandalized on Sunday night with thieves breaking into our electrical transformer and stealing the copper inside.) With respect to our furloughed teammates for whom we provide health insurance coverage, we are paying 100% of their required premiums during the time they are off work. We are also planning to pay signing bonuses to all those who return once we are able to open again,” Glantz said.
Glantz said that “Immediately prior to opening” the theaters will be cleaned and ready for business.