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Teicher Theatres Closes All Locations

Posted on Monday, August 25th, 2014 3:19 PM

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All locations owned/operated by Teicher Theatres have closed.

The Palm Bay Dollar Movies in Palm Bay, Florida closed in June 2014, while the DeSoto Dollar Movies in Bradenton and the Airline Twin Drive-In in Winchester, Indiana, the Wayne Cinema in Greenville, Ohio, and the Movies 5 in Troy, Ohio closed in August 2014.

The Bradenton Herald interviewed Alan Teicher, who explained his reasons for closing the theaters:

Alan Teicher, 80, told the Herald digital projections and theaters have hurt his business to the point where finding movies on film was too difficult.

"I've been in business for 58 years, I'm 80 years old and think it's time to retire," he said. "It was nice going for a haircut during the day and going swimming."

DeSoto's theaters closed Monday along with his other remaining theaters in Troy and Greenville, Ohio, and Winchester, Ind. His theater in Palm Bay, south of Cocoa on the east coast, closed June 3, he said.

The decision to close the remaining theaters now was because students are heading back to school and a popular fair in Greenville would take away audiences.

"Each screen costs at least $50,000," Teicher said. "Charging two bucks at the theater, you'll never get your money back."

Click the Read link below to view the full article.

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