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Thread: Petition to Re-open Brownwood Theater
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Old 07-07-2023, 12:47 PM
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Quote:
Originally Posted by margaretmattson View Post
I believe it was explained the reason the theatre closed in Spanish Springs was because the company that owned it went bankrupt. Sorry, I do not remember the name of the company.

Theatres are closing everywhere in the USA because as someone said it is a dying business. With that in mind, my best guess is that whoever ran/owned the theatre in Brownwood probably went bankrupt as well. The developer does not run the theatres as far as I know. If anything, he merely has a rental agreement with the company and nothing more. Once the buisness is deserted, the developer must find someone else to lease the property. If a movie company is not interested there is nothing that can be done. Move on, and find another way to lease the property.
Misinformed.
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