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» Cinematour Forum   » Cinemas in the News   » Douglas Theatres (Lincoln, NE) sold

   
Author Topic: Douglas Theatres (Lincoln, NE) sold
Matt Lutthans
Member

Posts: 51
From: Marysville, WA
Registered: Dec 2003


 - posted April 06, 2008 10:00 PM      Profile for Matt Lutthans   Email Matt Lutthans         Edit/Delete Post 
See http://www.klkntv.com/global/story.asp?s=8077953

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Adam Martin
Administrator

Posts: 1090
From: Dallas, TX
Registered: Feb 2003


 - posted April 06, 2008 11:01 PM      Profile for Adam Martin   Author's Homepage   Email Adam Martin         Edit/Delete Post 
quote:
Douglas Theatres Sold

The curtain is dropping on the Douglas Theater company.

After 56 years of local ownership, Lincoln's movie theaters have been sold.

Douglas theater company president David Livingston says.

The Wisconsin based Marcus Theaters is buying Douglas for 40 point five million dollars.

Livingston says Marcus was one of many corporations interested in purchasing Douglas Theaters.

The Milwaukee based corporation will acquire and operate seven Douglas theater locations.

With a total of 83 screens in Lincoln and Omaha.

Marcus will take ownership on April 3rd.


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Larry Karstens
New Member

Posts: 8
From: Omaha, NE
Registered: Sep 2003


 - posted April 11, 2008 08:01 PM      Profile for Larry Karstens   Email Larry Karstens         Edit/Delete Post 
As of right now, Douglas will continue to operate their original inside venue the Cinema Center which as grown from two original screens to the current 7. I attended tonight and there was an excellent crowd for the 7 PM showings. The other theaters are still being advertised under the Douglas name, probably only for a short time

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