The amount of money needed to restore the theater is far more than any community event showing classic movies for like $5 or grant money could do. The restorations alone would cost approximately $75 million. Plus, this city is sorely in need of tax revenue, specifically something that could potentially bring in millions annually in taxes. Whether anyone likes it or not the theater was a major financial drain on the city and continues to be.

Plus, this theater was literally made for "big" events. Classical movies are cool but it's not going to draw a crowd