Quebecor steps in to preserve, revitalize, Montreal’s historic Imperial Theatre

MONTREAL – Just in time for the 41st annual Montreal Film Festival, Quebecor has struck a strategic partnership with the non-profit organization that owns the Imperial Theatre in order to preserve the historic building and develop it as a cultural venue.Built in 1913 and classified as an historic site by the Quebec government in 2012, the Renaissance-style "super palace" is considered one of the Montreal's most beautiful theatres.Quebecor said Tuesday that it has acquired the landmark’s substantial mortgage debt, stopping the repossession proceedings that were under way and allowing the non-profit to remain the theatre’s owner. In return, Quebecor will...