Who are the investors behind the rescue of the Park Theatre in Vancouver?

The investors behind the rescue of the Park Theatre in Vancouver include Osgood Perkins, Mike Flanagan, Oscar winners Sean Baker and Samantha Quan, Zach Lipovsky, and Finn Wolfhard.

What is the role of Corinne Lea in the new Park Theatre operations?

Corinne Lea, the CEO of the Rio Theatre in Vancouver, will be leading the new operations team for the Park Theatre.

Why did Cineplex cease operations at the Park Theatre?

Cineplex, the Canadian exhibition giant, had been operating the Park Theatre under a lease agreement since 2013, but they ceased operations at the cinema on October 26th.

Home / Arts and Entertainment / Star-Studded Investor Group Rescues Iconic Vancouver Cinema

Star-Studded Investor Group Rescues Iconic Vancouver Cinema

27 Oct, 2025

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Summary

Osgood Perkins, Mike Flanagan, Sean Baker among investors saving Park Theatre
Rio Theatre CEO Corinne Lea to lead new Park Theatre operations
Cineplex ceases operations at Park Theatre after 8 years

Star-Studded Investor Group Rescues Iconic Vancouver Cinema

In a significant development for Vancouver's cultural landscape, a group of prominent filmmakers and investors have stepped in to save the city's historic Park Theatre. The new ownership team, led by Corinne Lea, CEO of the Rio Theatre, has secured the lease for the iconic cinema on Cambie Street.

The impressive list of investors backing the Park Theatre's revival includes Osgood Perkins, Mike Flanagan, Oscar winners Sean Baker and Samantha Quan, as well as Zach Lipovsky and Finn Wolfhard. This star-studded consortium of film industry professionals has come together to ensure the continued operation of the beloved art-deco cinema, which first opened its doors in 1941.

The move comes after Cineplex, the Canadian exhibition giant, ceased operations at the Park Theatre on October 26th. The exhibitor had been running the cinema under a lease agreement since 2013. As part of the transition, Cineplex will be removing and relocating the theatre's 70mm projector to a new location.