Business & Tech

Somerville Theatre Under New Ownership: Report

The Somerville Licensing Commission approved an ownership change of two local theatres.

SOMERVILLE, MA — The iconic Somerville Theatre in Davis Square has changed its ownership, according to a report from Boston.com.

The Somerville Licensing Commission approved a transfer of ownership of the theater as well as the Capitol Theatre on Massachusetts Avenue in Arlington during a January meeting. The two locations will now be owned by CSB Theatres, Inc. after being owned by Richard Fraiman for many years. CSB’s legal representation emphasized that the new ownership will not implement any major changes to the theatres that have been open for more than a century.

Read more at Boston.com.

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