Small town theater closes down for 2 weeks to reorganize
posted by Michael Zoldessy on August 18, 2008 at 9:45 am
COSHOCTON, OH — With new nearby competition hurting the Hollywood Studios Theatres business, the owner decided to shut it down for a few weeks to rework their model.
He said the reason for the closing was a “reorganization” of his theater businesses.
“You get to the point where you need to reorganize, so you shut down, reorganize, reopen and hopefully get back on your feet,” he said.
Siegel said that grosses were down 15 percent this year from the year before and that last year’s grosses were down 15 percent from the year before that.
Read more in the Coshocton Tribune.