 The Klondike 's choice of programming earned it a negative reputation , and Towne Cinema was unable to run the Klondike profitably . The company sought buyers for the theatre as early as 1976 , asking $ 600 @,@ 000 . But , despite all of the theatre 's problems under Towne Cinema , it is unlikely that it would have been returned to its original use without the money they poured into its renovation . Their efforts to restore the building are a significant reason why the Princess is a cinema today . 
