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$title='Press Release &mdash; Saving Historic Theaters is an Economic Development Mission in Many Communities';
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<h3 class="contentheading">Press Release</h3>
 
<h2>Saving Historic Theaters is an Economic Development Mission in Many Communities</h2>

<p class="body"><b>Struggling with old structures and conversion to new digital projectors, community members find ways to support local theaters. 
</b>

<p class="body">(Boonton, NJ, December 12, 2013) &mdash; 
A downtown theater provides not only entertainment, but a 
venue for other events that attract people downtown, and 
cross-promotional opportunities with nearby synergetic
businesses such as restaurants, bars, book stores, and 
arts-based retail. 

<p class="body">
The Great Recession of 2008 left many small downtown 
theaters struggling financially. On the heels of that, 
theater owners must now finance conversion from 35mm to 
digital projectors by the end of 2013, when first-run movies 
will no longer be available in the older format. 

<p class="body">
Not only are the digital projectors and surround sound systems 
costly, but owners must ensure that historic theaters and 
projector booths are properly prepared for the new technology.

<p class="body">
The December issue of <em>Downtown Idea Exchange</em> covers 
strategies communities are using to save their theaters and 
a link to an archive article describing how the shuttered 
Fox Theater in Hays, KS, was reopened as an event space.  
See the Fox Theater article here:
 <A HREF="http://www.downtowndevelopment.com/web_extras.php" class="linkc" >www.downtowndevelopment.com/web_extras.php</a>


<p class="body">###

<p class="body"><b>About the Downtown Research & Development Center</b>
 
<p class="body">For over 50 years, the Downtown Research & Development Center has acted as the information clearinghouse on practical strategies and tactics for revitalizing the hearts of our cities and towns.

<p class="body">The Group\'s main activities include publishing the widely influential <A HREF="http://www.DowntownDevelopment.com/dix.php" class="linkc" target="_blank"><em>Downtown Idea Exchange</em></a> and <A HREF="http://www.DowntownDevelopment.com/dpr.php" class="linkc" target="_blank"><em>Downtown Promotion Reporter</em></a> newsletters; publishing relevant books and reports; and operating the DowntownDevelopment.com website.

<p class="body">Website: <A HREF="http://www.DowntownDevelopment.com/" class="linkc" target="_blank">http://www.DowntownDevelopment.com</a>

   
<p><br>
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