▁had ▁a ▁capacity ▁of ▁approximately ▁ 1 5 0 0 . ▁By ▁the ▁ 1 9 6 0 s ▁the ▁Theatre ▁was ▁on ▁hard ▁times , ▁the ▁organ ▁had ▁been ▁removed ▁and ▁the ▁interior ▁was ▁not ▁clean ed ▁to ▁a ▁degree ▁that , ▁" many ▁mov iego ers ▁flat ly ▁refused ▁to ▁enter ▁the ▁place , ▁no ▁matter ▁what ▁was ▁showing ." ▁In ▁ 1 9 8 7 ▁after ▁the ▁death ▁of ▁Fred ▁A sta ire , ▁David ▁Wood ley ▁Pack ard ▁had ▁a ▁film ▁festival ▁of ▁A sta ire ' s ▁works ▁at ▁the ▁theatre . ▁The ▁two ▁week ▁festival ▁was ▁so ▁successful ▁that ▁his ▁father , ▁H ew lett - Pack ard ▁co - found er ▁David ▁Pack ard , ▁agreed ▁with ▁his ▁idea ▁to ▁purchase ▁the ▁ag ing ▁theatre . ▁▁ ▁It ▁was ▁purchased ▁in ▁ 1 9 8 7 ▁for ▁$ 7 . 7 ▁million ▁and ▁restored ▁by ▁the ▁David ▁and ▁Lu cile ▁Pack ard ▁Foundation ▁at ▁an ▁additional ▁cost ▁of ▁$ 6 ▁million ▁for ▁a ▁ 1 9 8 9 ▁grand ▁opening ▁of ▁The ▁W izard ▁of ▁O z . ▁Part ▁of ▁the ▁rest oration ▁included ▁installing ▁an ▁organ ▁to ▁replace ▁the ▁original ▁which ▁had ▁been ▁sold ▁as ▁parts . ▁The ▁process ▁took ▁ 2 ▁years ▁to ▁obtain ▁and ▁restore ▁parts ▁which ▁included ▁the ▁ 1 9 2 6 ▁console ▁from ▁Gra uman ' s ▁Chinese ▁Theatre ▁and ▁the ▁organ ' s ▁ 1 9 2 8 ▁pip es ▁from ▁Lo ew ' s ▁Theatre . ▁The ▁Theatre