Landmark has announced it will close the Clay theater, which was built in 1910 as a movie house---no backstage! Reportedly they have lost money for years on this single-screen neighborhood theater, showing new art-house films and cult classics.
Elsewhere in the city, Landmark is doing well. Its Embarcadero Cinema emerged from a re-do with luxurious seats and upgraded food and beverage service. Landmark has announced it will refurbish the Opera Plaza Cinema, which needs it. Both are multi-screen houses.
There is hope the Clay will be saved by the San Francisco Neighborhood Theater Foundation, which has saved the Vogue (1912) and the Balboa (1926). The Castro (1922) survives in all its glory thanks to community support. A few others survive around the city, mostly divided into multi-screen theaters.