United Artists, the current owner of the Boyd Theater, AKA Sameric 4, are in the process of selling the theater to real estate investors despite efforts to preserve it as a historical structure. By L. Pardue

Sameric Corp., which sold the Boyd Theater in 1988, claims that the fight over the status of theater as a historical structure forced it to sell the building for less than fair market value.  Courts have upheld the law allowing the designation of buildings as historical structures but have rejected the Boyd Theater’s designation as such.  The new owners of the building intend to convert it into stores.  By L. Pardue