Wayne Loberg, owner of local movie house The Theatre I & II, revealed in an email Thursday that The Theatre will be closing its doors for good Thursday, Feb. 2.Â Â
Loberg said that after working at the theater for nearly 30 years, he has reached retirement age. He stated regretfully in his email, "The economics of the movie business are such that continued operation is just not feasible. The numbers don't lie, andÂ theÂ Valley CityÂ moviegoing market simplyÂ can't sustain the huge cost necessary to keep a movie theater operating here. Sad butÂ seemingly inevitable."
Loberg had recently put the cinema up for sale in October.
A full story will appear in Friday's Weekend Edition of the Times-Record.