Update: I've heard from several sources that a sale of the theater is pending, but it couldn't be said to whom just yet, but each person I spoke to said they fully expect the change to be a positive one overall. Stay tuned...
The Bradenton Herald is reporting that Al Teicher has decided to close all of his theaters, including Wayne. But there is no mention as to whether operations will continue with a new owner. We will follow the story and report further developments.