The latest movie theater news and updates
February 24, 2014
PHILADELPHIA, PA — With a Historical Commission meeting to decide the future of the Boyd Theatre looming on Thursday, an anonymous donor has stepped in offering to purchase the theatre for $4.5 Million. This technically should block Live Nation’s sale to another buyer based on the argument of it not being financially viable but the commission will make the final call.
We have plenty of news coverage to bring you up to speed on this exciting development:
(1956-57 photo courtesy of Friends of the Boyd, Inc.)
We try to stick to the focus of raising awareness for unique, specific theaters. This story, from TIME about a group that tried to purchase every other seat at a movie theater in Shanghai to discourage couples from attending, was just too bizarre to pass up though.
February 21, 2014
MONTEREY, CA — Today the Golden State Theatre Complex has been reduced in price a million dollars to $3,990,000. The prime downtown Monterey building includes three restaurants, two more retail shops, two floors of office / creative space and the 1,000 seat theater in a street-to-street 27,570 square foot building. The new price equates to $145 per square foot for the owner-occupied performing arts center supplemented with over $170,000 per year in rental income from the retail storefronts and restaurants. There is also close to 4,000 square feet of vacant office or creative space ideal for conversion to residential apartments.
CARY, NC — The Cary Theater will open to the public this weekend after a $6.2 million dollar renovation and expansion which includes live shows and classic movies. The project on the 1946 theater took over a year and the theatre has never looked better.
Read more and catch some great photos at the News Observer.
February 20, 2014
February 19, 2014
Michael Coate has written another great piece over at the Digital Bits for the 45th Anniversary of “Sweet Charity.” He provides a detailed account of all its roadshow engagements as well as an interview with a number of film historians on that almost forgotten distribution format.
Check out the whole story at the Digital Bits.
GRANBURY, TX — The 60-year old Brazos Drive-In is for sale from its owner of 28 years. They haven’t converted to digital yet but they hope to show whatever 35mm films they can get this upcoming season. Price tag: $575K.
Read the full story in the Sioux City Journal.
(Thanks to wsasser for providing the photo.)
February 18, 2014
PEORIA, IL — A local investment group, NXG Developments, is proposing to purchase the Madison Theatre and extensively renovate it. They not only want to bring the theatre back in one form or another but also have plans for the neighboring buildings.
Read more in CI Proud.
(Thanks to Norman Plant for providing the photo.)
February 17, 2014
ANN ARBOR, MI — The former Fifth Forum’s cinema days are long gone but its next chapter will be as an office space for local tech company Nutshell. They’ve signed a three year lease and the space is in the process of being completely renovated for the purpose.
Go to MLive for more along with photos.