Rosebud Cinema update: Anchor Bank next owner?

Tosa Now reports:

Anchor Bank expects to win bid for Tosa’s Rosebud Cinema

Sheriff’s sale set for May

“With all of the unknowns surrounding the future of the Rosebud Cinema, Scott Christensen knows one thing: He’s sitting on a $75 gift certificate and he’d like to use it.

“I’ve been trying to find out if the certificate will be good if the Rosebud opens,” said Christensen, a teacher and Tosa resident who received the gift from his Lincoln Elementary fourth-graders. “I’m sure I’m not the only person in Tosa with a gift certificate.”

It appears the answer to that will take at least an additional couple of months. Legal and logistic issues cloud the future of the theater, 6823 W. North Ave., which closed early last month. Anchor Bank in Madison won a foreclosure lawsuit against former owner David Glazer, who also lost the nearby Times Cinema on Milwaukee’s far west side.”  Read rest of the story here.

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