Comeback Hopes For New Mission Theater - WSJ.com

online.wsj.com:

The New Mission theater, a landmark San Francisco movie palace that shut its doors in 1993 amid a trend toward multiplexes, may get a new lease on life as a five-screen cinema.

Tim League, founder and chief executive of Alamo Drafthouse Cinema of Austin, Texas, says he has agreed to terms in a deal to buy and restore the New Mission theater from Mission District businessman Gus Murad, pending the receipt of city approvals for the at least $10 million project.

Read the whole story at online.wsj.com

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Source: http://www.huffingtonpost.com/2012/09/07/new-mission_n_1866298.html

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