Originally Posted by R_Hythlodeus
Don't expect people to refer to the Eiffel Tower as 'Samsung Tower' just because Samsung bought it and changed its name.*
Grauman's is a name (and brand) people grew up with, one of the most recognizable buildings in LA and the new name will take some time to replace the established
*this didn't happen, it is just an example
Actually, most of us grew up knowing it as "MANN'S Chinese Theatre." That's the name it held from 1973-2001.