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Canada Square has been closed on Oct 24.
Cineplex Yonge & Eglinton now has IMAX technology:
Toronto just got another new IMAX theatre
People looking to catch an IMAX flick in Toronto now have a new location at which to enjoy the elevated and immersive movie-going experience. Cineple…www.blogto.com
Shocking news! However this is a reality in
Toronto and this doesn’t mean that The Revue can’t operate elsewhere! Maybe on a secondary street that commands less rent?
The tensions stem from a series of disagreements between the Revue and landlord Danny Mullin. The 96-year-old real estate investor purchased the property, located on a prime stretch of real estate, in 2007. A resident of the community, Mullin then handed the building’s operations over to the film society, a federally incorporated organization that essentially acts as a board, with 10 volunteer members.
“No one is planning to evict anyone – I just want the board out of there. I’ve said that everyone who works there can keep their jobs if they want to work for me,” Mullin said in an interview Thursday. “I’ve been good to them, giving them everything that they’ve wanted, and they haven’t done anything since. All I want now is to get rid of the board. We’ll take over Monday morning, nothing changes.”
...
If the Revue’s operators are not able to reach a new lease agreement with Mullin, the film society will be forced to remove all the equipment it has acquired over the years, including the digital projector that the Revue purchased in 2012, a critical piece of exhibition infrastructure.
“The business license is in our name, we own the equipment, we oversee the programming, we have the relationships with the distributors,” Oyston said. “We view this as a hostile takeover from Danny, but he won’t be able to seamlessly take over a cinema.”
As part of the negotiation process, Mullin requested a hike in the rent from $10,000 a month to $15,000.
“He’s requested various amounts during negotiating, and $15,000 came up over the past few days, which we have agreed to,” Oyston said. “But he’s refused to accept our cheques.”
I'm sure the society means well, and they do what they can with limited funds, but it's been a dingy old theatre for as long as I can remember, and it's difficult to imagine it would have much of a future continuing in its present state.... The Revue is not a movie palace by any stretch ...
... There are a few restorable (former) cinemas left........but it would take deep pockets and it would be a labour of love, not profit.
“The Revue Film Society is committed to maintaining and preserving the Revue Cinema and looks forward to continuing our work, including completing the façade restorations planned for this summer.”
Let me bring that forward for the click averse and the preview deprived:
View attachment 576126
The Revue is not a movie palace by any stretch, but it is heritage and they do make an effort to incorporate a wide range of programming which I appreciate. I do hope they pull this out.......
Not realistic. The society doesn't have the money to build a new cinema, you can't easily refit a generic retail space for that purpose........it would be very costly.
There are no plethora of former cinemas sitting vacant and in good shape, just awaiting a new tenant.
There are a few restorable (former) cinemas left........but it would take deep pockets and it would be a labour of love, not profit.
The Globe has some details on the situation:
Revue Cinema, Toronto’s oldest operating movie theatre, faces closure over tensions with landlord
Landlord Danny Mullin says he wants to get rid of the film society’s board as negotiations for renewal of the theatre’s commercial lease grow contentiouswww.theglobeandmail.com
For the paywalled or click-averse, here are the relevant bits:
The article also mentions that the landlord reached out to current staff with offers to hire them, but that staff (quite reasonably!) declined.