Today
Reflecting the ebb and flow of Hollywood's popularity as a location, the Egyptian's fortunes also changed over the years. As Hollywood declined in the 1980s and early 1990s, the theatre eventually fell into disrepair. In 1996, the city of Los Angeles sold the theatre to the American Cinematheque for a nominal one dollar with the proviso that the landmark building be restored to its original grandeur and re-opened as a movie theatre. The Cinematheque committed to raising the funds to pay for the restoration and to using the renovated theatre as home for its programs of public film exhibition.
The Egyptian Theatre was re-opened to the public on December 4, 1998, after a $12.8 million renovation. The original theatre seated 1760 patrons in a single auditorium. In the restored Egyptian the building has been reconfigured to add a second screening theatre. The main theatre now accommodates 616 patrons and is named after Los Angeles philanthropist Lloyd E. Rigler. The smaller, 77-seat theatre is named for Hollywood producer/director Steven Spielberg.
Read more about this topic: Grauman's Egyptian Theatre
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