CHICAGO (CBS) — The Antioch Theatre will live on, after being on the brink of being closed for good.
Tim Downey began a Kickstarter online fundraiser to generate the rest of the money needed for a $750,000 renovation of the 95-year-old single-screen movie theater.
Before the Kickstarter campaign began, $650,000 had been committed to a plan to renovate and repair the theater, with another $35,000 to come through sidewalk star sales and other promotions.
“Movie theaters are like heartbeats in downtowns. Once you lose them, they don’t come back,” Downey said.