The Parkway Theater in Oakland, California closed on Sunday, March 29, 2009. The San Franciscso Chronicle published an article on March 20 that quoted the owners about why the theater was closing:

Owners Catherine and Kyle Fischerannounced Wednesday night that the theater would close after the last event Sunday, a documentary about Mexican wrestling with a live performance by Latin surf dance band Carne Cruda, best known for its song "Oakland's Tight."

It was the economy that killed the Parkway, Catherine Fischer said Thursday.

"Times are really, really tough," said Fischer. "We love Oakland and we love that neighborhood. This is not anything we wanted to ever happen. It's been very hard."

Since the economy started to implode last fall, costs have steadily risen and fewer people are going to the movies, she said. The theater's landlord and vendors now have less flexibility with payments, forcing the Fishers to shutter the theater permanently.

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Fortunately for moviegoers in the area, there are choices to be had, although not with the same amenities that the Parkway Theater provided. Nonetheless, take a look at the Nearby Theaters listing to see what theaters are nearby.