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flag The Chauvel Cinema in Sydney closes after 40 years due to lease expiration, poor conditions, and financial losses.

flag The Chauvel Cinema in Sydney’s Paddington will close after its final screening of *Parasite*, ending over 40 years of operation as the last Palace Cinema on Oxford Street. flag The closure follows the expiration of its lease at the deteriorating Paddington Town Hall, with Palace CEO Benjamin Zeccola citing ongoing financial losses, poor building conditions, and declining patronage due to inadequate amenities. flag A 2015 roof collapse during a screening worsened the situation, and despite city council plans to restore the venue, delays prevented necessary repairs. flag Palace may return if the Town Hall is refurbished, while new cinema developments are planned at the former Verona site and the Art Gallery of NSW is launching its own cinematheque, reflecting continued efforts to sustain arthouse cinema in Sydney.

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