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Paramount Operators Defend Soliciting $1M From Investors

The new operators of the Paramount Hudson Valley Theater want to raise $1 million by the end of 2014.
The new operators of the Paramount Hudson Valley Theater want to raise $1 million by the end of 2014. Photo Credit: The Daily Voice File Photo

PEEKSKILL, N.Y. -- The operators of the Paramount Hudson Valley Theater are seeking $1 million from investors by next year, according to a story in the Northern Westchester Examiner.

The principals of Red House Entertainment, which took over the former Paramount Center for the Arts on Brown Street in July, said they have a goal of raising $500,000 by the end of this year and $500,000 in 2014, the story said.

Read the full story here .

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