Columbia City Cinema selling its seats to raise desperately-needed cash
SEATTLE, WA — After having an attempt to raise funds by selling stock/ blocked by state regulators, Paul Doyle is now offering the seats of his financially-ailing Columbia City Cinema for sale, with the goal of raising $50,000 by January 1. Purchasers may actually have the seats or have a plaque installed on the seats attesting to the seats' ownership, or have the seats repurchased by the theater when it is back on solid financial ground.
The message that went out to supporters this week: “Hooray! We’ve figured out how to save the cinema. But it’s going to take every one of you, or it won’t work. And it needs to happen now.”
Doyle set a Jan. 1 deadline for raising $50,000. That amount would buy the theater enough time to remain open indefinitely in 2011 while fundraising continues.
The story is in the online Seattle P-I.