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Historic Varsity Theatre to reopen

Posted on October 29, 2009October 29, 2009 by Staff

The Varsity Theatre is set to reopen in late November under new management. Chapel Hill residents Paul and Susan Shareshian are the new owners.

“We believe the Varsity is a historic landmark in Chapel Hill, and we were sad when we heard it was closing,” Susan Shareshian said. “We decided we would reopen it and take it back to a time where movie going was a destination.”

Former owner Bruce Stone closed the Franklin Street mainstay this summer due to declining ticket sales.

The Varsity will show recently released and classic movies and all tickets will be $3.

“Classic movies mean different things to different people, depending on your age and generation, so we will have a variety,” Shareshian said. She mentioned classics such as Gone with the Wind or John Hughes’ movies and also Saturday morning cartoons.

Renovations are underway and there is a plan to add a room for children’s birthday parties. Shareshian said the plan is to open Thanksgiving weekend.

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