“While the ownership on paper is changing, it’s really not new management, it’s the same people who have managed the businesses for years," new owner Ian Judge said. The post Historic movie theaters in Somerville and Arlington bought by group of longtime managers appeared first on Boston.com.
The main idea of the text is that two historic movie theaters, the Somerville Theatre and the Capitol Theatre, have been bought by a group of longtime managers who value their role in the community.
This transfer of ownership means the Fraiman family, who previously owned and operated the theaters, will now be landlords only. The new owners plan to maintain the status quo, with no immediate changes to operations.
The main idea of the text is that two historic movie theaters, the Somerville Theatre and the Capitol Theatre, have been bought by a group of longtime managers who value their role in the community. This transfer of ownership means the Fraiman family, who previously owned and operated the theaters, will now be landlords only. The new owners plan to maintain the status quo, with no immediate changes to operations.
