Since the company first opened in 1938, Laemmle Movie Theatres have been incredibly popular all over Los Angeles. The Laemmle Town Center 5 is located on the bottom floor of the Encino Town Center. This complex shows only independent, foreign and art house films for prices that will not bust your wallet. Every Monday night, the theater offers a student discount, and senior discounts are available daily. The concession stand offers popcorn, candy and drinks at prices far more reasonable than most larger movie theaters. There is a free parking lot on the lower level that leads directly to the theater.