 Revenues declined during the late 20th century , and Famous Players closed the Stanley , which was by then the oldest operating movie theatre in Vancouver , on September 25 , 1991 after a final showing of the Stanley regular Fantasia ( the theatre had previously shown Fantasia at least four times , in 1977 , 1979 , 1980 – 1981 and 1990 ) . Its closure was part of a long trend : The number of Famous Players theatres had dropped from 419 in 1954 to 196 in 1969 , and would fall to eighty , some in partnership with other companies , by the time it was taken over by Cineplex Galaxy Entertainment in 2005 . Other Vancouver @-@ area Famous Players movie theatres closed , sold or torn down in this period included the Regent ( 1958 ) , the Strand ( 1973 ) , the original Capitol ( 1974 ) , the Orpheum ( 1974 ) , the Fine Arts ( 1989 ) , Denman Place ( 1989 ) , Park Royal ( 1993 ) , the Park ( 2005 ) , and the Capitol 6 ( 2005 ) . 
