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Wallace Theatres Closes Art Houses, Honolulu, Hi.

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  • hawaiiguy123155
    Wallace Theatres closes art houses The Wallace Theatre chain, abandoning its experiment with art house movies at Restaurant Row, will start this weekend to use
    Message 1 of 1 , Jan 16, 2004
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      Wallace Theatres closes art houses
      The Wallace Theatre chain, abandoning its experiment with art house
      movies at Restaurant Row, will start this weekend to use the nine
      screens there for budget-priced showing of films that have just
      wrapped up their premium-priced theatrical releases.


      This means that when a new movie's full-price run at other theaters
      in Honolulu appears to be played out, the film will be shown at
      Restaurant Row for 50 cents before 6 p.m. and $1 in the evening.
      Portland, Ore.-based Wallace is already doing this at Kailua, Keolu
      and Kress Cinemas in Hilo.

      Theaters make most of their profit from food and drink sales, not
      ticket prices. Art films shown at Restaurant Row in recent months
      seemed to draw patrons who did not spend much at the food
      concessions.

      Wallace's larger rival Consolidated Theatres still shows art films at
      the Varsity Twins, a block down the hill from the main campus of the
      University of Hawaii, though a developer has proposed razing this
      historic theater for housing and retail. Art films are also shown at
      the Honolulu Academy of Arts.
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