Smaller theaters struggle to keep pace in recession

posted by raysson on July 6, 2009 at 7:50 am

CHAPEL HILL,NC — With the closing of the smaller independently operated and owned art house cinemas recently, this may not be a unique case among art houses and independent movie theatres across the country. With the case of the now closed Varsity Theatre in Downtown Chapel Hill, other independently owned and operated moviehouses such as the Chelsea Theatre (a three screen cinema located off Weaver Dairy Road in North Chapel Hill), and the Carolina Theatre (located in Downtown Durham), and the owned and operated theatres in the area such as the Galaxy Cinemas in Cary, the Colony Theatres in Raleigh, and the Rialto Theatre in Raleigh, theaters that showcase independent and foreign films have faced a lot of difficulty recently.

Read more in the Daily Tarheel.

Comments (1)

longislandmovies
longislandmovies on July 6, 2009 at 4:10 pm

PLEASE LIST ANY AND ALL THEATERS FOR SALE OR LEASE INFO HERE……

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