Newark gets cash to save ailing movie theater
NEWARK, NJ — In an unusual move, the city of Newark, NJ is pledging $650,000 to keep its only downtown movie complex open. Apparently, the six-screen Newark Screens serves a mostly minority audience and is located near several housing projects.
The money will be used to offset losses until a new owner or a new use is found. The theatre closed earlier this month after failing to pay its 30 employees.