From the Gambit blog "Lights out for Canal Place Cinema"
"Monday, September 7, 2009 will be their final day of operation at that location."
Well crap. While it wasn't the best cinema to see a movie, it is (was) the only place to show "art house" and "foreign" films. Since I'm not the type of person who must see a movie the day it comes out on the big screen, I'm quite content to wait for a movie to appear on DVD and get it through NetFlix. File under "ain't there no more."
UPDATE: Apparently Gambit only had half the story. Today's T-P says the cinema is closing but another group will take it over, renovate it and reopen it.