Economic downturn hits Marshall Islands
posted by
danpetitpas
on
November 12, 2008 at 3:57 pm
SAIPAN, MARSHALL ISLANDS — The economic downturn, which forced the only cinema on the islands to close two days a week, has led to the only branch of Blockbuster video being closed.
When word leaked out, bargain-hunters descended on the store, and by 7 pm, people were no longer being allowed inside because it was full.
Last month, the seven-screen Hollywood Theatre-Saipan Megaplex started closing its doors two days a week because of poor economic conditions and rising costs. Last April 18th it closed completely, re-opening May 23rd only after overwhelming complaints from the public.
The theater shows first-run Hollywood fare. It opened in on September 8, 1999 with all stadium seating and features large screens and Dolby in all auditoriums.