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Paramount Theater in Middletown was built by what is now Paramount Pictures in 1930. A Supreme Court decision in 1948 to rid itself of theaters forced Paramount Pictures to sell the property. After changing hands several times, the City of Middletown took ownership when the last owner owed so much backtaxes on it. We saw America (Horse With No Name) in concert here back in the late 90s I think.
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