Jerome Cowan

The Associated Press The Associated Press NEW HOPE, Pa. Investors have purchased a historic playhouse in suburban Philadelphia The 450-seat Bucks County Playhouse in New Hope had gone into foreclosure and closed in late 2010 after more than 70 years in business, during which Grace Kelly, Robert Redford, Bernadette Peters and other big names performed there. On Monday, the theater was purchased as part of a coordinated effort involving a group called the...Read Full Story

AMANDA CREGAN The Intelligencer DOYLESTOWN, Pa. After a year of darkness, the stage lights brightened at the Bucks County Playhouse. Leaders of the nonprofit group Bucks County Playhouse Conservancy hosted a public forum inside the shuttered theater Wednesday night in New Hope. As she sat in the red, art-deco style theater seat, Faith Wohl hoped she would soon see the iconic theater return to its glory days. "The building might be in dubious shape at...Read Full Story

Pasadena Playhouse, the 90-year-old landmark theatre in California, has filed for bankruptcy due to severe financial difficulties. The Pasadena Playhouse, which closed its doors Feb 7, citing severe financial difficulties, has filed a petition for reorganisation under the US bankruptcy law, the theatre announced Tuesday. "This is a necessary step in our strategy to reorganise the Playhouse for the benefit of our creditors and the Pasadena community at large," Stephen Eich, executive...Read Full Story

Legit News: Party thanks donors who rescued ailing institution -- Pasadena Playhouse patrons spent April Fool's night above the seats rather than in them. A mainstage extended over the auditorium hosted a ballroom gala as a lavish private thank you to more than 300 donors, whose "sweat equity," in the words of artistic director Sheldon Epps, brought the institution back from the dead.Read Full Story

Legit News: Organization seeking to reorganize -- The other shoe has dropped at the Pasadena Playhouse, which closed its doors Feb. 7 after a short run of the musical "Camelot."Read Full Story