Cape Town - Ster-Kinekor confirmed on Friday that it will close its Cinema Nouveau movie theatres in Cavendish Square, Cape Town.
The last trading date at the Cavendish art house cinema will be 17 January.
The company assured movie fans that its commercial theatre complex at Cavendish Square and Nouveau cinema at the V&A Waterfront will trade as normal and are unaffected by the business decision.
"It is with regret that we have to share this news with our valued cinema audiences who have been so supportive of Cavendish Nouveau over the years," said Fiaz Mahomed, CEO of Ster-Kinekor.
"The closure of the theatre complex was a decision made by the mall owners who have decided to allocate the space used currently by Cinema Nouveau to an alternative retailer instead. The Cinema Nouveau at Cavendish has enjoyed strong trade and has enjoyed double digit audience growth over the past year."
Cinema Nouveau commenced trading at Cavendish Square as Cavendish Nouveau on 1 September 1992 and has grown to become one of the few cinemas in Cape Town for discerning film fans to watch the latest independent, foreign, alternative and art film releases.
"Ster-Kinekor is committed to ensuring that our patrons will be as thrillingly entertained and enthralled by the offering at V&A Nouveau at the V&A Waterfront," said Mahomed.
The last trading date at the Cavendish art house cinema will be 17 January.
The company assured movie fans that its commercial theatre complex at Cavendish Square and Nouveau cinema at the V&A Waterfront will trade as normal and are unaffected by the business decision.
"It is with regret that we have to share this news with our valued cinema audiences who have been so supportive of Cavendish Nouveau over the years," said Fiaz Mahomed, CEO of Ster-Kinekor.
"The closure of the theatre complex was a decision made by the mall owners who have decided to allocate the space used currently by Cinema Nouveau to an alternative retailer instead. The Cinema Nouveau at Cavendish has enjoyed strong trade and has enjoyed double digit audience growth over the past year."
Cinema Nouveau commenced trading at Cavendish Square as Cavendish Nouveau on 1 September 1992 and has grown to become one of the few cinemas in Cape Town for discerning film fans to watch the latest independent, foreign, alternative and art film releases.
"Ster-Kinekor is committed to ensuring that our patrons will be as thrillingly entertained and enthralled by the offering at V&A Nouveau at the V&A Waterfront," said Mahomed.