FILM fans have saved Oxford’s last independent cinema from closure after rallying round to raise almost £313,000 in under three months.The 111 year-old Ultimate Picture Palace, in East Oxford, was left facing an uncertain future following the death of former owner Becky Hallsmith. Despite her wishes that the picture house should be owned by the community, it became necessary to put it up for sale.In a bid to save the Cowley Road venue, staff launched a campaign to give local movie-goers a chance to prevent it from being sold on the open market by buying a share in the iconic theatre.
Source: Oxford’s Ultimate Picture Palace is saved in £300k effort | Oxford Mail