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- Fort Worth and Hurst, TX: Cinemark Upgrading Ridgmar 13 and North East Mall 18 Locations with Luxury Loungers [4/15]
- Chicago, IL: ArcLight Cinemas Opening in Lincoln Park in September 2015 [4/11]
- Glenview, IL: Pacific Glen Stadium 10 Closes for ArcLight Cinemas Conversion - Reopening on May 1, 2015 [4/11]
- Bangor, ME: Bangor Drive-In to Reopen After 30 Years [4/9]
- Tyler, TX: Studio Movie Grill Set to Open in April 2015 [4/3]
- Culver City, CA: Pacific Culver Stadium 12 Closed for Conversion to ArcLight Cinemas Location [3/26]
- Washington, DC: West End Cinema Closing [3/24]
- Casper, WY: Studio City Mesa to Open March 27th, Downton Iris Stadium 8 Closed [3/23]
- Vineyard, UT: Megaplex Theatres - Geneva & IMAX Now Open [3/20]
- Cleveland Heights, OH: Regal Severance Town Center Stadium 14 Closed [3/20]
The Durango Stadium 9 and Gaslight Twin Cinema in Durango, Colorado have been purchased by Allen Theatres, according to an article published earlier this month in The Daily Times out of Farmington, New Mexico. The theaters were owned previously by Storyteller Theatres Corporation, which is run by Marwit Capital, and based in Portland, Oregon.
Allen Theatres, a 100-year-old local company, recently purchased Durango, Colo.'s two mainstream movie theaters.
Allen Theatres has reduced prices and instituted technological improvements since taking over Durango Stadium 9 and Gaslight Twin Cinema, said Nathan Allen, the company's vice president of finance.
Allen Theatres has had an eye on the Durango properties for many years and placed an unsuccessful bid on them several years ago, Allen said.
"We've had an interest in Durango for quite some time," he said. "Durango's a great location; just the real estate in Durango is great to have."
Allen Theatres now has 16 locations in Colorado and New Mexico. Storyteller Theatres is now down to just two locations, one in Arizona and one in New Mexico, after selling two locations in New Mexico.
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