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Tuesday, December 4, 2018

Landmark Theatres (including Crest) sold to production and distribution company

Crest Theatre in Ridgecrest
Marquee is not current
Photo by Steven H. Robinson
According to an article in The Seattle Times, the Landmark Theatre chain, which includes the Crest Theatre in Shoreline, has been sold to an Oscar-winning production and distribution company, The Cohen Media Group.

Landmark Theatres has 252 screens in 27 cities and has been under the ownership of Todd Wagner and Mark Cuban’s 2929 Entertainment since 2003.

CMG founder Charles O. Cohen said "the theatrical chain is a good fit with the CMG business , one of which restores classic films like the Merchant Ivory collection and the Buster Keaton catalog."

Times article here


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2 comments:

  1. thomas dickensheetsDecember 5, 2018 at 11:38 AM

    I hope price be same.

    ReplyDelete
  2. UnknownDecember 5, 2018 at 12:11 PM

    This does not sound like a good deal for the community. My guess is since this is a prime piece of property, they will close up the Crest, knock it down and build either apartments or some kind of shopping, maybe both.

    ReplyDelete

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