TV Academy Buys Theater Complex
The Academy of Television Arts & Sciences has purchased the 600-seat Academy Plaza Theatre and a conference center in North Hollywood for less than half what it cost to build the complex six years ago.
The theater has been renamed the Leonard H. Goldenson Theatre after the retired chairman of ABC television, who donated $1 million to help buy the site, the academy said.
“This is probably one of the finest theaters in Los Angeles, with the latest state of the art equipment,” said Herb Jellinek, the academy’s chief financial officer.
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