Have an Account? E-Mail Address Passcode
| Register Now
Waverly, IA: Palace Theatre Closed

Posted on Tuesday, February 27th, 2018 2:57 PM

The Palace Theatre in Waverly, Iowa closed abruptly on February 18, 2018.

The news was announced on the theater's Facebook page, with an equally abrupt note that read:

Theatre is closed permanently.

A few hours after dropping that bomb, they did follow up with another message:

Answers for public questions:

1) Why is it closing?

The theater is having trouble cash flowing due to low volumes of customers. It is no longer viable to operate under its current business structure.

2) Is it for sale?

The future of the building and the business will be evaluated as to potential interest from any private buyer or a public group that might come forward. At this time there is no concrete plan and ownership is open to discussion about the future of this important downtown building and/or business.

3) What do I do with passes that I currently have?

We can no longer honor outstanding passes as the theater is broke and there are no more plans to be open under this structure of operation.

4) What will happen to this building?

At this time there are no concrete plans. It is a very unique building with some significant unique internal structure as a theater

Moviegoers in the area will need to visit one of the other nearby theaters, including the Marcus College Square Cinema in Cedar Falls (~15 miles away) and the Marcus Crossroads Cinema in Waterloo (~20 miles away).

Related News Articles

Add Your Comments

Reader VoiceReader Comments

No comments found. Be the first and let us know what you think!

Add Your Comments

Warning: Please login
Commenting on Journal Articles is available only to our readers who have customized this site, which makes it easier for you to complete the form and for us to contact you with any questions or concerns about your comments.

Please login or register a new account before continuing.

Already Registered?

Log in to retrieve your saved settings.

E-Mail Address:
BigScreen Passcode:

Forget Your Passcode?

Send My Passcode To Me

Not Registered? Create a New Account!

E-Mail Address
In case we need to contact you. A valid E-Mail address is required, profiles with invalid addresses will be removed.
Please Confirm Your E-Mail Address
ZIP Code
This helps us display theaters that are near you.

Our registered members enjoy more features, including:

Basic accounts are free -- sign up today!

Concerned About Privacy?

So are we! We won't sell, trade, or share your personal information with anyone unless required by law. For more information, please read our Privacy Policy.

Home - About Us - Ad Info - Feedback
Journal/Blog - The Marquee - Movie Links - News and Events - Now Showing - Reader Reviews
Customize - VIP Service

The BigScreen Cinema Guide is a service of SVJ Designs LLC. All graphics, layout, and structure of this service (unless otherwise specified) are Copyright © 1995-2019, SVJ Designs. The BigScreen Cinema Guide is a trademark of SVJ Designs. All rights reserved.

'ACADEMY AWARDS®' and 'OSCAR®' are the registered trademarks and service marks of the Academy of Motion Picture Arts and Sciences.
Find Us on Facebook