Translation:The name of the cinema is Michael.
It's common in Romania for schools, institutes, clinics and other official buildings to be named in honor of famous individuals, with these often just referred to as the last name of the person, e.g one might attend National College "Mihai Eminescu" (colloquially, you are a student at "Eminescu"). That being said, I have not seen a cinema named as such :)
How would you say "the cinematographer's name is Michael"? Seems like that would make more sense.
That is exactly what I was thinking ... a person's name as a restaurant is a bit strange