Formats will stay the same, says Avalon Theater owner, with continued first-run shows at the Rosebud Cinema Drafthouse.
The presumed new owner of the Rosebud and Times theaters says his intention is to reopen the movie houses as soon as practically possible and to continue to run them in the formats they had established. Lee Barczak on Monday was the successful bidder for the theaters in a sheriff's foreclosure sale, outbidding mortgage-holder AnchorBank. That purchase is subject to a confirmation hearing June 11. "Assuming the sale is confirmed, as we expect it to be, my desire is to get both theaters open as soon as possible, and doing what they did," Barczak said Tuesday. "First-run, second-run and classics." Barczak said he expected that the division of those formats between the two would remain as it was, with first-run movies showing at the Rosebud …
43.060754
-87.997761
Rosebud Cinema Drafthouse
6823 W North Ave, Milwaukee, WI
/articles/new-owner-hopes-to-reopen-rosebud-times-this-summer
1579187
/locations/6961987
43.04987
-87.986467
Times Cinema
5906 W Vliet St, Milwaukee, WI
/articles/new-owner-hopes-to-reopen-rosebud-times-this-summer
2018201
/locations/6961988
Legal tangles and large logistical costs hold up relighting of the marquees at historic neighborhood movie houses. But some powerful people with Wauwatosa backgrounds have both personal and professional interests in the drama.
The Rosebud Cinema Drafthouse in Wauwatosa and Times Cinema nearby in Milwaukee will reopen as soon as possible, according to the bank that holds the mortgage, the receiving company responsible for maintaining the properties, and the manager they have hired to run the places. But no date can be set, they said, and their attorney suggests that it could take quite awhile because of legal and business uncertainties — if at all. Russell Long of the law firm Davis & Kuelthau has represented Anchor Bank in its foreclosure on the properties. He said the theaters would be subject to a sheriff's sale on May 7 and that it would take "another couple of weeks" after that for the sale to be certified. "Presumably, Anchor Bank will be the owner," Long …
Alfred Kell
2:04 pm on Tuesday, May 8, 2012
If wishes were horses Beggars would ride: If turnips were watches I would wear one by my side. And if if's and an's were pots and pans, The tinker would never work! The good folks of Tosa fall for it again. more ›