ABBA saves theatre

«Mamma Mia!» saves the oldest movie theatre in Wales from closure.

The 150-year-old Savoy Theatre in the Welsh village of Monmouth, was slated for definite closure this month due to bankruptcy.

But the enormous success of the musical comedy «Mamma Mia!» has brought in so much money that the owners will be able to keep the theatre open until at least next year.

The movie's success is largely owed to the over-40 crowd, who remember the ABBA era and helped the Swedish group sell millions of albums.