“After months of theatre closings and speculation that repertory cinemas in Toronto are doomed, some good news for a change: The Royal Theatre, a College Street landmark, has been sold for $2.2-million to a company set on keeping the projector running — with a modern twist. The buyer is Theatre D Digital, a Toronto-based postproduction film company that plans to restore the theatre’s rickety red velvet seats and ornate moulding to their original charm. It will be used as a state-of-the-art production studio by day and movie theatre by night.”