The Journal Times is reporting that the Marcus Regency Value Cinemas in Racine, Wisconsin will be closing in April:

Marcus Theatres Corp. spokesman Carlo Petrick confirmed Monday morning that the budget theater at 5230 Durand Ave. on the fringe of Regency Mall will close when its lease ends in mid-April.

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Asked if the eight-screen Regency has not fared well as a budget cinema, Petrick replied, “It’s a very old theater location and does not have all the amenities of a new theater.” Also, Marcus has the Renaissance to fill that need, he added.

Regency Cinema has no future as a cinema and may be razed, Regency Mall Manager Curt Pruitt said Monday. “We are not seeking another theater operator,” he said.

According to the article, this closure will mean that there will be no budget-priced movie theaters in Racine County. The closest theater to the Regency Value Cinemas is the Marcus Cinema at the Renaissance in Sturtevant, approximately 5 miles from the Regency's front door. Racine's other movie theater, the Marcus Westgate Cinema, closed in September 2006.

Click the Read link below to read the full article on the Journal Times' web site.