Westwood Village Theater finalizes sale to Jason Reitman, others

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Westwood Village Theater finalizes sale to Jason Reitman, others

A coalition of leading feature directors led by JunoJason Reitman has finalized the acquisition of Westwood’s historic 93-year-old movie palace, the Village Theatre.

Other top filmmakers joining them as investors in the deal, which was first revealed recently by The Uncle, include JJ Abrams, Judd Apatow, Damien Chazelle, Chris Columbus, Ryan Coogler, Bradley Cooper, Alfonso Cuaron, Jonathan Dayton, Guillermo del Toro, Valerie Faris. Hannah Fidell, Alejandro Gonzalez Iñárritu, James Gunn, Sian Heder, Rian Johnson, Gil Cannon, Karyn Kusama, Justin Lin, Phil Lord, David Lowery, Christopher McQuarrie, Chris Miller, Christopher Nolan, Alexander Payne, Todd Phillips, Gina Prince-Bythewood , Reitman, Jay Roach, Seth Rogen, Emma Seligman, Brad Silberling, Steven Spielberg, Emma Thomas, Denis Villeneuve, Lulu Wang and Chloé Zhao.

Each will have their own take on everything from the presentation of images and sound to lighting, theater programming and experiences in the lobby gallery. They will also use the venue as a showcase of artifacts from their personal collection including props, wardrobe and film prints, with Columbus sharing his extensive collection of 16mm film prints.

Moving forward, the theater will showcase a mix of first-run films and repertory programming from the theater’s caretakers, whose mission is to preserve the village as a cultural landmark. According to del Toro, the idea is to “ensure exquisite screening conditions”, as well as preserve the village as “a place where filmmakers and cinephiles and future filmmakers can collectively celebrate the arts and crafts and “To be able to gather to discuss.” The projection will be in 35mm, 70mm and digital.

“I’ve been coming to Westwood for as long as I can remember. Which also includes many of my films Juno, up in the airAnd Ghostbusters Afterlife All premiered on the corner of Broxton and Weyburn,” Reitman recalled in a statement on the deal. “When the Village Theater came on the market, I was struck by how quickly the National Theater became a block of condos. I immediately put in a proposal and hoped that my fellow directors would join me on this adventure. We take this management very seriously and look forward to providing a true community for anyone who loves movies.

A mainstay of LA movie premieres since the 1940s, The Village Theater continues as the primary venue for these events today, having hosted 50 in 2023. It is just a block from UCLA, and across the street stands the Regency Bruin Theatre, built in 1937. Celebrating one hundred years of operation in 2031, the theater will remain open while plans for a restaurant, bar and gallery are finalized.

In a statement on businesses owned in the village, The Fablemans Helmer Spielberg shared, “I have so many vivid memories of seeing movies at the Village Theater and I’m excited to be part of this group that is trying to restore Westwood to its glory years as a movie-going cultural institution.” Intends.”

couple oppenheimerAccording to Nolan, “Cinema has always been the place where filmmakers and film audiences meet, and I’m thrilled to collaborate with many of my favorite directors in a space that will show what the future of film exhibition could be. “

The Village Theater Project is represented by Scott Gordon, project developer and head of investments at Blatis & Schnurr.

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