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Article #371Owners want the audience to "Save the OTT"
From: NJ
Date: Mon, 20 Mar 2006 19:58
Date: Mon, 20 Mar 2006 19:58
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2940 bytes
Roger Fons, owner of the Old Town Theater claims to have rescued the beautiful and historic Old Town Theater. Now he is asking people to "Save the OTT", by becoming a member, i.e. donating money. "The management of the Old Town Theater has made an analysis of the future and has come to the decision that to survive in this environment, the theater must raise $2,500,000.00". "The survival of the theater rests in adding a second screen with a removal wall in the balcony area. The wall will be somewhat like the gym walls that separate into sections and can be retracted for larger events." Nothing is said about hiring professionals to manage the venue. Are the citizens' of Alexandria seriously expected donate money to a venue that sells tickets to see TV broadcasts, included charging to see the Olympics? Alternatively, their efforts to sell tickets in the $15-$20 range to see live performers who play in bars around town without a cover charge. "The theater now is carrying a debt of $1,800,000.00 which would be eliminated by the Membership participation. "The elimination of debt would secure the success of the theater". The current owners of the Old Town Theatre had no experience running such a business. They obliviously don't have the funds to run the business, they miss-manage the business and now they want to be bailed out by their "Save the OTT" campaigned" Ownership says, "I do not want the theater to go dark nor do I want the theater to become some other occupancy other than a theater". Do not be fooled by these threats. There any number of business people who would gladly take over a 450-seat venue on Main Street in downtown Alexandria, Virginia.
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