News of the deal brought relief and excitement to local leaders and cinephiles. The new owners have launched a GoFundMe to help pay some of the downpayment.

The future of the Somerville Theatre came into clear focus today when it was announced that ownership of the Hobbs Building, which houses the historic theater, was transferred to CSB Theatres, Inc.
CSB is co-owned by longtime theater managers Ian Judge, Ian Brownell, Jamie Mattchen and John O’Leary. Judge’s name is listed as owner of the limited liability corporation, but he called that a formality.
Judge called the deal “equal parts excitement and nausea.” CSB has launched a GoFundMe campaign to help raise $90,000 to back monies used for the down payment. “It’s scary,” Judge said, “but it’s basically our only chance to make sure that the theater stays around, locally owned in its current form for as long as possible.”











