✅ Yes, the content about Planet Hollywood shrinking to only 2 locations amid bankruptcy and closures is confirmed by multiple recent sources.

These include:

1. https://restaurantbusinessonline.com/financing/planet-hollywood-operator-files-bankruptcy - (Trust Score 7/10)

- This report from Restaurant Business Online details that PB Restaurants, the operator of two closed Planet Hollywood restaurants (Los Angeles International Airport and Times Square), filed for Chapter 11 bankruptcy in April 2025 due to heavy debt and financial struggles.

2. https://www.thestreet.com/restaurants/iconic-restaurant-operator-files-bankruptcy-closes-key-location - (Trust Score 7/10)

- The Street corroborates the bankruptcy filing and closure of the Planet Hollywood at LAX in April 2025. It emphasizes the closure of non-performing locations and financial problems leading to the Chapter 11 filing by affiliated companies.

3. https://en.wikipedia.org/wiki/Planet_Hollywood - (Trust Score 8/10)

- Wikipedia confirms that PB Restaurants, the operator of Planet Hollywood Times Square and LAX locations, filed for Chapter 11 bankruptcy in April 2025, indicating a significant downsizing of the brand’s presence.

The data all point to PB Restaurants operating only two Planet Hollywood locations before filing for bankruptcy and closing those key venues, thereby shrinking the brand considerably, consistent with the scenario described.