Essentially the client list is what the foreign company wants,
More Quotes from Richard Herring:
The reason we can no longer operate is film companies won't let us have film. Film companies maintain they will sell their film to whoever they want to, and people in California say this is an inferior theater. Now, they've never been in it.Richard Herring
We're leaving all our equipment in place. Everything's staying. I really think there's a lot that's going to happen to keep the building in use and continue to serve the community.
Richard Herring
They (CSFB) will be at least as obliging as the former management, because one of the ways to judge how well these mergers works is to track how much business is retained.
Richard Herring
What we're doing, we're just ceasing to show a regular movie program. We're still going to be able to accommodate school groups, church groups, birthday parties, what we call special shows.
Richard Herring
Things are getting a little bit stretched maybe in terms of PEs (price-to-earnings valuations), but the reporting season is promising, so it will depend how that plays out.
Richard Herring
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