Hollywood Theaters back to daily operation, temporarily

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Posted on Nov 11 2008
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The islands’ only movie theater complex will once again be showing movies seven days a week.

Hollywood Theaters is adding the extra days through the end of the holiday season.

In September, the movie theater scaled back its operation, shutting its doors on Wednesdays and Thursdays, due to a downturn in business and high electricity costs.

In April, the movie theater closed with its parent company, Wallace Theatre Corp., citing poor economic conditions in the CNMI and rising operational costs. It later reopened one month later after the company reviewed financial projections and weighed the major outpouring of public support the theater saw when it closed.

During the monthlong period the theater remained closed, video stores reported a major upswing in business and a company owned by a Los Angeles talk show host expressed interest in taking it over.

The theater, next to the Price Costco, opened in 1999.

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