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Tuesday, November 15, 2011

Plaza Theatre seeks new owners but won't close

The beloved, long-running Midtown cinema, Plaza Theatre, is looking for a new owner. Jonathan and Gayle Rej, who bought the Plaza in 2006, announced today that they're unable to afford the industry-wide transition away from 35mm film to digital:

With film studios such as Warner Brothers and Twentieth Century Fox no longer booking 35mm repertory film prints and already destroying their film libraries, soon there literally won’t be film to run through the Plaza’s projectors. The Regal Tara Cinema has already converted to completely digital, the Landmark will follow shortly and the Plaza simply does not have the monetary funds to convert. Therefore, the Rejs are seeking a party or parties: a college, museum, TV network, historical society or another entity, to take over the Plaza Theatre and make the necessary investments to maintain Atlanta’s oldest cinema…to keep its doors open, the movies rolling and the popcorn popping. They believe that the broad diversity and size of the Atlanta metro area population should be more than sufficient to support a theatre that offers a rich mix of programming and would hope to see a prominent Atlanta organization step up and save this landmark.

CL got in touch with Jonathan Rej, who said, "We're not closing. We've worked too hard to just close the doors, we'll be open indefinitely." More on this as it develops.

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