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The Nugget Theatre in Telluride, Colorado has closed after nearly 30 years in operation, according to a posting on the theater's Facebook page April 3, 2013 by operators Luci Reeve and Jim Bedford:
To clarify as we're being asked questions:
After 28 years of running the Nugget, we are sorry to tell you that Luci and Jim will cease operating the theatre tomorrow. Thursday, April 4 will be our last movie. We have been paying 2-4 months a year of rent out of our savings for the last five years, we will need a $50,000 to install necessary digital projection this year, and we continue to have only a monthly lease from the Telluride Film Festival, so we find we cannot do it any more. The film festival has been clear that they will not lower our rent even though we have asked them to do this a number of times. We are unable to continue to subsidize the Nugget any longer. We are very sorry and love the community of moviegoers and supporters over the years.
Thanks for all the support!
The Telluride Daily Planet published an article about the theater's closing that also mentioned that the Telluride Film Festival (who holds the lease on the theater) intends to make some upgrades and reopen the theater in time for summer:
But the Nugget will not be shuttered indefinitely. Instead, the Telluride Film Festival plans to close it this off-season before reopening it under new management.
“There’s going to be an operator change and an equipment upgrade,” TFF Co-director Julie Huntsinger said on Wednesday. “We are committed to a year-round theater in town.”
In a statement released late Wednesday by TFF, Huntsinger said Bedford and Reeve put in years of excellent service. The theater will close for a few weeks before a new operator takes over, and an “exciting” upgrade will also begin, she said.
“It is a challenging time in theater exhibition but the Telluride community is committed to having a year-round cinema operating in town and continuing to host TFF and other festivals. TFF intends to lead the charge in ensuring this happens,” Huntsinger said.
Though she didn’t have a specific time frame for when the theater will reopen, Huntsinger said, “we’ll absolutely be ready for summer.”
Click the Read link below to view the full article.
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