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Oakdale movie theater closes for good amid coronavirus pandemic

The fate of movie theaters isn't looking great.

Another local business has closed, reportedly due to the coronavirus pandemic. 

The New Vision Theatres Oakdale 20 will remain closed when movie theaters can reopen Wednesday (with restrictions), the Pioneer Press reports, citing the pandemic as the reason.

Texas-based Anthony Properties has the 98,000 square foot theater listed for sale, with the listing calling it a former theater that ended its lease in April. Anthony Properties also has an AMC in Apple Valley listed as for sale, although it is still occupied by the theater chain.

Justin Todd told the Pioneer Press that it's unclear what the future of the property will be, but he doesn't foresee it reopening as a movie theater – although it could.

BMTN has reached out to New Vision Theatres for comment.

New Vision Theatres closed all its locations across the country due to COVID-19. In Minnesota, all movie theaters have been closed since mid-March.

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Like many other businesses, the fate of movie theaters hasn't looked great. Forbes magazine predicted on May 11 that the pandemic would be the end of movie theaters. 

Even the world's largest movie theater chain – AMC Theatres – is struggling. Earlier this month, it was doubting its ability to stay in business, CNN reported, and this week it said it has posted a quarterly loss of $2.17 billion, according to The Hollywood Reporter.

Correction: An earlier version of this article referred to a "former AMC in Apple Valley," but we have since been informed that AMC still occupies the property. We apologize for the error.

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