SalemNews.com, Salem, MA

Local News

May 17, 2013

Can Cabot Street theater be saved?

Owners weigh in on sale of venue

(Continued)

Hanney has already saved one Beverly theater by buying the North Shore Music Theatre out of bankruptcy three years ago. Asked if he would consider buying the Cabot, he said, “I’d probably make the mistake of wanting to do that and then say, ‘Why’d I do this?’”

Hanney, who is also president of the Theatre Owners of New England, said he would be willing to sit down and talk with people interested in preserving the theater, but would not “take the lead on that.”

“I adore the older theaters and hate losing them,” he said. “It’s an asset that’s so beautiful, if somebody could figure out what to do with it. It just would take some time.”

Staff writer Paul Leighton can be reached at 978-338-2675 or pleighton@salemnews.com.

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