The music box has had a very strong run in the past decade, but the box is about to have to start thinking about its next steps.
The company announced this week that it is closing the theater that was home to the theater since 2018, in a move that will shut down its flagship restaurant, the Klipsch Home Theater, which was in operation since 1997.
The theater will close at midnight Saturday night and reopen at 1 a.m.
Klipscch Home Theatre was built by Klipschen as a “home for music lovers, a place for people to come together and make memories, and a place where they could enjoy themselves and meet other like-minded people.”
The theater was designed by Richard Pritzker, a billionaire who has funded projects in Brooklyn and the Bronx.
The Klipscha Home Theater opened in 1997 as a music box restaurant, and is one of the oldest remaining music box theaters in the world, according to the Times.
It has a number of other locations, including one in the New York City suburbs.
Klabsch was one of many companies that purchased the Klinsmans’ property and opened restaurants, theaters and retail stores, including a Kmart, at the Klabschen site.
It is one part of a complex ownership structure that has brought Klipsches music box and restaurant business to the forefront of entertainment in the suburbs.
After a tumultuous time, Klipschi’s owners have been looking to turn things around in recent years.
They announced in May that they were buying the Klisch family’s stake in the theater chain, a deal that was reported in early 2018 by The New York Times.
Klinsch’s owner, Daniel Klipschek, had bought the movie theater chain in 2009 and announced plans to bring the Klislas back into the fold, but they have struggled financially.
The restaurant chain is one the largest entertainment chains in the United States, with about 1,000 restaurants and restaurants-only stores in 34 states.
The majority of its restaurants are in major metropolitan areas.
In 2020, it posted a loss of about $12 million, according the Times, while revenue dropped more than $1 billion, from $34.9 billion in 2020 to $26.4 billion in 2021.
It also lost a number in theaters and other businesses.