All Things Considered
Magic Johnson Theaters

February 21, 1997 -- About two and a half years ago, former Los Angeles Laker Ervin "Magic" Johnson defied the conventional wisdom about investing in the inner cities... and decided to build a movie theater complex in the middle of urban Los Angeles. The gamble paid off... for the theater and the community.
Karen Grigsby Bates has a report on the theaters that Magic built.