The historic theater on K Street in Downtown Sacramento has been running since the 1940s, but owner Bob Emerick says it has been an uphill battle getting things going again since the pandemic.
"Hey we haven't been paid and the people who were supposed to pay us are gone, so they started cancelling shows," said Emerick.
In May 2025, Emerick decided to cut ties with GD Theatres, which left promoters who had booked through GD uncertain if they would be getting paid. So some decided to cancel.
"It's so big, if I think about it, I would get depressed," said Emerick.
Robert Alvis, VP of GD Theatres, spoke with CBS News Sacramento over the phone and countered that they never went bankrupt. Alvis says that they were majorly in debt and blamed the cost of rent for driving them out.
Alvis says that the price they were paying for rent was not sustainable. It was a lease that was made during 2019, before the pandemic created major changes.
Alvis says they are doing everything they can to refund people who have tickets to cancelled concerts through Eventbrite. Emerick says he does not have access to Eventbrite since the agreement was with the former operator, GD Theatres. It's why he recommends disputing with your credit card company for a refund for a faster process.
"My mom used to see movies here for a nickel," Emerick said.
"It's just great to have more to do around downtown Sac," said Blake Jones, who lives and works in Sacramento.
"We're doing everything we can to keep this historic building alive," said Emerick. "I think we're going to be fine. It's going to take us a while, but I think we're going to be fine."
Emerick is looking forward to having new acts and shows over the next several months.
The attached brick-lined vaulted restaurant, Empress Tavern, is also transitioning into a new business model. Alchemist CDC recently partnered with the Crest to reimagine the space. It is having its grand reopening at the end of September 2025 as an event space where people can host dinners and gatherings.
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