Wisconsin-based AnchorBank will continue operation of The Times and Rosebud Cinemas beginning March 1.
The bank has appointed former Rosebud owner Jay Hollis to manage both theaters throughout receivership.
"Continuing operation with the original visionary means patrons can look forward to the same quality experience they've come to expect at both theaters," Byron Butler, SVP-Marketing at AnchorBank, said in a statement released this afternoon.
Current owners David Glazer and Larry Widen relinquish ownership at the end of the month.
Contrary to her natural state of being, Renee Lorenz is a total optimist when it comes to Milwaukee. Since beginning her career with OnMilwaukee.com, her occasional forays into the awesomeness that is the Brew City have turned into an overwhelming desire to discover anything and everything that's new, fun or just ... "different."
Expect her random musings to cover both the new and "new-to-her" aspects of Miltown goings-on, in addition to periodically straying completely off-topic, which usually manifests itself in the form of an obscure movie reference.