Vancouver's Rio Theatre has been given an extension to continue raising funds to buy back the building that houses the independent movie house. The theatre announced this morning that its landlord had pushed the deadline to April 16.
In February, owner Corinne Lea and her business partner successfully bid to buy the building and were granted 60 days to come up with the money to fund the purchase. In addition to contributions from private investors, Lea started a #SaveTheRio Indiegogo campaign to raise $1 million.
The crowdfunding campaign has been extended until April 16, while Lea and her partner have until May 7 to complete the legal work "to remove subjects on the offer to purchase."
At the time of press, the campaign has raised $384,176 — with $80,000 of that coming in during this past weekend's fundraising events. Friday (March 31) featured back-to-back comedy sets by Kevin Smith, while Saturday (April 1) and Sunday (April 2) featured a 30-hour telethon with comedy, music and burlesque performers.
If you want to make your own contribution towards saving the Rio, you can do so here.
In February, owner Corinne Lea and her business partner successfully bid to buy the building and were granted 60 days to come up with the money to fund the purchase. In addition to contributions from private investors, Lea started a #SaveTheRio Indiegogo campaign to raise $1 million.
The crowdfunding campaign has been extended until April 16, while Lea and her partner have until May 7 to complete the legal work "to remove subjects on the offer to purchase."
At the time of press, the campaign has raised $384,176 — with $80,000 of that coming in during this past weekend's fundraising events. Friday (March 31) featured back-to-back comedy sets by Kevin Smith, while Saturday (April 1) and Sunday (April 2) featured a 30-hour telethon with comedy, music and burlesque performers.
Thanks to @CTVVancouver and the other networks for joining us in our mission to #SaveTheRio! And thanks to @ToyTraders & @vfs & @SuttonPlaceHtl for all their help! But the biggest thanks go to both audiences! You raised almost $50k by buying tickets to my goofy shows! https://t.co/6ehj9FBUks
— KevinSmith (@ThatKevinSmith) March 31, 2018
If you want to make your own contribution towards saving the Rio, you can do so here.
