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McAvoy will reportedly serve as CEO of the new UCB entity, while Miller will serve as chairman.
Eight months later, in December 2020, the co-founders announcedthe closure of the Sunset Theaterin Los Angeles.
McAvoy told Deadline that there are many great plans for the relaunch of UCB.
According to Project Rethink, Elysian Park Ventures expressed interest in collaboration.
We met earlier this year to discuss what a partnership might look like, the statement said.
Best of luck to the new owners.
