Buyers show an interest in cinema

Picture house founder Lyn Goleby.
Picture house founder Lyn Goleby.
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The Picturehouse chain says seven companies have shown an interest in its Bury St Edmunds cinema.

Cineworld, which bought the Picturehouse chain, has been ordered by the Competition Commission to sell one of its cinemas in Bury, Cambridge and Aberdeen.

It confirmed at the beginning of October that it would be selling the Abbeygate Picturehouse in Bury and said today that seven potential buyers have been shown round.

When the decision to sell was announced, Picturehouse co-founder and managing director Lyn Goleby said: “We’ll try to do our best for the cinema and put it into good ownership.”

After the commission said it might force a sale, 13,700 people signed a national petition against it.

Bury MP David Ruffley also wrote to the commission against the decision, but it still demanded they be sold.

Ms Goleby said: “Their final decision is no different to their initial decision even though we put forward a lot of new evidence.

“It’s a different market. It’s the National Theatre, the opera and all the event cinema we do that has been really important.”