The famous "El Capitan Theatre" has gone up for sale...
Disney restored it to its former glory in the nineties and has hosted the premieres or debuts of many of it's films there over the past decade or more. It's really become an institution, a Disney tradition, actually. I've seen many a live show there and if you're ever in Southern California, a Disney Geek/Fan and a lover of film history you really should go and see this amazingly beautiful picture palace.
The price of a ticket is a lot less than those that will want to buy the theater($11-$22)...
$31 million dollars. That's a pretty penny from what it cost back in the late eighties to renovate it, but it does include the entire six-story building, and includes a host of tenants like "Jimmy Kimmel Live" and the premiere soda fountain in the country. Not to mention, it has a swanky little Disney Store too. Those buying the building will do so knowing that the Mouse will remain the long time occupant of the theater so Disney is not going anywhere in the future...
Just a small piece of Hollywood history passing hands. Whose hands? We're not so sure of that yet....
