Elie Samaha, a colorful entrepreneur with spotty track record in Hollywood, has agreed to purchase the iconic theater along with a fellow producer
Elie Samaha, a former dry cleaner with a spotty track record in Hollywood, and Don Kushner, executive producer of "Tron: Legacy," have agreed to buy Grauman's Chinese Theater, according to the L.A. Times.
The paper said that a partnership between Warner Bros. and Paramount Pictures parent Viacom Inc. has signed an agreement to sell the iconic theater on Hollywood Boulevard for an undisclosed sum.
The sale, expected to close May 20, includes the Mann Chinese 6 multiplex.
Read more at the L.A. Times