Yes, the rumors were true. Writes Metroblogging LA: "I just heard from FilmRadar's Karie Bible that Landmark Theatres has decided to close the Rialto Theatre in South Pasadena....While Karie was able to confirm that the theatre will be closed, she didn't know when, or what the future plans for the Rialto would be."
· South Pasadena's historic Rialto Theatre to close [Metroblogging LA]
· CurbedWire: Rialto Closing Rumor? [Curbed LA]