The lights will go out soon for the dollar movie theater at Waterfront Plaza after more than 15 years in business at the location.
The last discount movie -- which can be seen for $1.25 admission per person during the weekdays -- will be shown on Aug. 9.
Scott Wallace, president of Hollywood Theaters, which operates the nine-screen discount theater, said he agreed to a deal with Pacific Office Properties Trust Inc., run by the Shidler Group, to exit his lease early.
"The landlord made us an offer we couldn't refuse," said Wallace, echoing a line from "The Godfather."
Wallace declined to disclose the amount of the deal, saying only that it was in the multimillion-dollar range. About 40 theater employees, mostly part time, were informed of the shutdown yesterday.
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[8/3/09] Restaurant Row theatres have shown their final shows. Shucks, I thought I had another week.
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