Lift the Restriction on First-Run Movies at the Larchmont Playhouse!
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Regal Entertainment, the owner of New Roc Cinemas, has the power to prevent the Larchmont Playhouse from showing first-run movies (among other things) at our beloved, historic movie theater. The restriction makes it almost impossible to run a sustainable theater that remains at the heart of our village
Regal, after it absorbed United Artists Cinema, became the owner of the Playhouse but sold it in 2015. The restrictive clause -- which lasts for an unprecedented 15 years – was only created two years ago at the time of the sale to a developer in Texas. The anticompetitive provision allows Regal, in addition to prohibiting first-run movies, to also prevent any new owner of the playhouse from changing the worn, outdated seats, from serving wine at a new café and could even forbid moviegoers from bringing pillows and blankets into the theater (among many other overreaching restrictions).
But Regal can show that it can be community-minded – and a friend to the many residents in Larchmont, Mamaroneck and New Rochelle who frequent both the Larchmont Playhouse and New Roc – by lifting the clause. Please join us in asking Regal to lift the restriction immediately so that the planned sale to Michael DiCosimo can go through.
If the clause isn’t removed by January 16, Mr. DiCosimo – who wants to buy the theater, renovate it with the financial investment help of the community, and run it as a dynamic, first-run movie theater for our town -- can and will walk away from the deal.
That means the Playhouse will remain closed and any future buyer will also face the same restriction, rendering the Playhouse inoperable as a first-run theater, the way it has been since its opening day in 1933.
We cannot let this happen. Too many neighborhood movie theaters already have been lost – the theater in Mamaroneck as well as the one in Harrison. Let's help Michael DiCosimo save our Playhouse from a similar fate.
Please sign the petition urging Regal to lift the restriction NOW - - and share as widely as you can!
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