Two vintage L.A. theaters saved from closure

Tue Mar 30, 2010 10:21pm EDT
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By Carl DiOrio

LOS ANGELES (Hollywood Reporter) - A pair of historic movie theaters in Los Angeles have been saved from a final curtain call.

The neighboring Village and Bruin theaters in Westwood -- founded in 1931 and 1937, respectively -- have been operated for the past few decades by Mann Theatres, which had tagged them for closure. Each theater has only one screen, an anachronism in an age of multiplexes with stadium seating and 3D screens.

But regional theater operator Regency Theatres said Tuesday that it has agreed to take over the properties on unspecified terms starting Thursday.

Mann -- which is owned by Cinemerica, a co-venture of Warner Bros. and Paramount-parent Viacom Inc -- will continue to operate eight theaters in the Los Angeles area, including the landmark Grauman's Chinese in Hollywood. Cinemerica has been searching for a buyer for the Chinese for two years.