Dallas man buys Rialto Theater in Denison - KTEN.com - No One Gets You Closer

Dallas man buys Rialto Theater in Denison

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DENISON -- The Rialto Theater in downtown Denison has a new owner.

A buyer from Dallas purchased the property in a deal that was finalized within the past few days.

New ownership is already bringing new energy and Erick Drinkard, 17, wants in on the action.

"I want to get a job here. I just think it'd be cool," he said. "This is like the best place ever to get a job because it's a movie theater and look how cool it looks."

Wednesday, we learned the sale of the Rialto Theater on Main Street has been finalized.

One of the former owners, Greg Guymon, also owns other businesses in Texoma, including a printing shop in Denison.

He says he decided to sell the historic venue because family and other projects keep him busy enough. Wednesday, he wished the new owner well.

KTEN helped host many events at the Rialto while Guymon owned it.

The theater originally opened in 1920 and has been hosting movies, talent shows, and concerts ever since.

A representative for the new owner says they're now trying to figure out specific plans for changes to the theater but that it will remain an entertainment venue.

Marcie Sullivan recently opened a retail store a few doors down.

She says she's looking forward to more foot traffic new ownership may bring.

"I'm really excited," Sullivan said. "With new people and new ownership that means lots of new excitement and enthusiasm and I think it's going to be a great thing for Denison and for Main Street and we're excited to become partners with them on Main Street."

Some events have been canceled following the sale.
We're told a comedy show on June 21 is still scheduled.