FourQuest sells Theatre-By-The-Sea

SOUTH KINGSTOWN – FourQuest Entertainment Inc.
has sold the historic Theatre-By-The-Sea in Matunuck and the Rehearsal Hall/Costume Shop in Wakefield to an independent theater operator and musical-event producer. Terms of the deal were not disclosed.

The buyer, Bill Hanney – a Massachusetts resident who operates 10 movie complexes in New England, including an eight-screen theater in South Kingstown – said in a news release that he is committed to continuing the theater’s 74-year tradition of staging professional shows every summer.

FourQuest partners Laura Harris and Renny Serre said in a joint statement that their sale of the properties followed a “long and challenging” search for an “appropriate” new owner. Their statement added that Harris and Serre have “great confidence” in Hanney’s ability to maintain quality summer theater in Matunuck.

Hanney said he and his team would announce their plans for the theater shortly, and would send letters to everyone on the theater’s subscriber database as well.

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