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The Somerville Theatre's Future Is No Longer in Limbo

The purchase leaves CSB Theatres with substantial debt as it launches a $90,000 fundraiser and plans a nonprofit for long-term programming.

Summary by WBUR
A team of employees and a loyal patron have purchased the building at 55 Davis Square for $12 million, ending months of fraught speculation about the future of Greater Boston’s oldest and most beautiful movie palace.

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WBURWBUR
Center

The Somerville Theatre's future is no longer in limbo

A team of employees and a loyal patron have purchased the building at 55 Davis Square for $12 million, ending months of fraught speculation about the future of Greater Boston’s oldest and most beautiful movie palace.

·Boston, United States
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Boston.comBoston.com
Center

What’s next for Somerville Theatre? Its operators just made a big bet.

The group bought the historic Davis Square property for $12 million and launched a fundraiser to help pay down debt from the purchase.

·Boston, United States
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Cambridge DayCambridge Day

Somerville Theatre sold to current managers

News of the deal brought relief and excitement to local leaders and cinephiles. The new owners have launched a GoFundMe to help pay some of the downpayment.

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Boston.com broke the news in Boston, United States on Friday, October 23, 2026.
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