Screentime
Theatre That Hosts the Oscars Is Up for Sale
- The 3,400-seat theater and two parking lots are being sold
- The property is an iconic entertainment landmark in California
The Dolby theater on Hollywood Boulevard, Los Angeles.
Photographer: Epics/Hulton ArchiveThe Dolby Theatre, which has hosted the Academy Awards in Los Angeles for more than two decades, is up for sale.
The 3,400-seat theater could trade for about $70 million, according to a person with knowledge of the possible sale who asked not to be identified because the information is private. The listing also includes two parking lots.