Torontoist doesn’t want to ruin anyone’s weekend but we got wind of more bad news about Toronto’s movie houses.
First, rumour has it that EVERY Festival cinema is in danger of being closed down and not just the three Torontoist mentioned yesterday. The Paradise, is technically owned by someone else so that theatre may be able to stay open but without the clout of the Festival chain it would be a rough ride for the owners.
Second, Mark Holmes owner of the Mod Club is reputedly considering purchasing the Royal.
Third, the Bloor is also on shaky financial footing despite being a popular venue among the festivals and its legendary status so its future is also less than certain.
Here’s hoping that those beers everyone will be drinking this weekend takes the sting off some of this news.