In July 1930, the venue was leased to Fox West Coast Theatres and renamed the Newsreel Theatre, which presented programs of exactly that but the business model didn’t work and the theatre was closed in September 1930. The venue name reverted to the President Theatre and reopened in late September 1930 with a presentation of the synchronized sound version of The Birth of a Nation (1915). In 1935, Metropolitan Theatres leased the venue from Fox West Coast and by 1938 the theatre was again operating as the Newsreel Theatre through at least 1939.

In 1949, Metropolitan Theatres did not renew their lease with Fox West Coast Theatres and the Newsreel operations were moved to a new venue. Under Fox West Coast control, the theatre was renamed the Globe Theatre and was operated as a motion picture venue through the 1950s. In the 1960s, Metropolitan Theatres acquired the theater when they bought the Garland Building. The theatre closed in the Fall of 1986 when Metropolitan sold the building.

In later years, the theatre’s lobby space was utilitzed as a retail space. The auditorium floor was leveled and used as a swap meet venue, but was soon developed into a night spot known as the Orion Nightclub, which used an alley doorway for an entrance to the space. The auditorium was remodeled and reopened as the Club 740 nightclub, which eventually closed in 2011 amid continual complaints of late night noise and violence.

The theatre was remodeled beginning in 2013 by French entrepreuneur Erik Chol, renamed and reopened as the Globe Theater in July 2015 as a motion picture, live music and events venue.

References: Website-LATheatres : with information provided by Lars Hedlind.