With the moviegoing experience under threat from streaming services and ever-improving home entertainment options, a group with a passionate interest in its preservation — three dozen filmmakers who create their works for the big screen, to be enjoyed in the company of large audiences — has decided to do something about it.
The group of directors, led by Jason Reitman — whose films include “Juno,” “Up in the Air” and “Ghostbusters: Afterlife” — announced Wednesday that it had bought the Village Theater in the Westwood neighborhood of Los Angeles, which was put up for sale last summer to the concern of film buffs. The group, which also includes Christopher Nolan, Steven Spielberg, Lulu Wang and Alfonso Cuarón, among others, plans to restore the 93-year-old movie palace, which features one of the largest screens in Los Angeles...
Once renovated, the Village Theater will showcase a mixture of first-run films and repertory programming curated by the group. The collective also intends to keep the theater open while plans for a restaurant, bar and gallery are finalized. Reitman said that the group was in talks with existing exhibitors about management of the day-to-day operations of the theater, but did not reveal who.
The Village Theater was put up for sale last summer for $12 million, and the filmmakers — many of whom are alumni of nearby U.C.L.A. — were fearful it would be torn down and turned into condominiums or a space for retail. The existential threat about the future of theatrical moviegoing also loomed over this endeavor...
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