Carousel Luxury Cinemas in Greensboro to get new owner
GREENSBORO, N.C. — Carousel Luxury Cinemas will end its 15-year run on Jan. 8 but will reopen the next day under a new owner and new name, according to the Greensboro News & Record.
Nina Bennett, who has managed the 17-screen multiplex for the Bennett family owners, has decided to step away.
Kotis Holdings purchased the site at 1305 Battleground Ave. near Wendover Avenue in September for $3 million. It will run the theater through its Restaurant Investors division, company President and CEO Marty Kotis said.
“It hopefully will be a seamless transition for the consumer,” Kotis said.
The theater will become RED (Restaurant Entertainment District) Cinemas. It will remain independent of a chain, with movies booked by Ohio-based Cooperative Theatres.
RED will continue screening first-run movies and some art house films, and possibly add student films from the UNC School of the Arts in Winston-Salem.
Read full story: The Greensboro News & Record