08/17/2012 08:35 am ET Updated Oct 17, 2012

A Bleak Picture For Non-Digital Independent Theaters: Convert Or Die

WikiMedia: Decumanus

For almost 90 years, the Bonham Theater has been a center of social life and a place where the tiny town of Fairbury, Neb., (population 3,942) can gather to catch the latest Hollywood movies.

But two weeks ago, owner Allen Hinkle switched off the movie projectors for probably the last time and closed the theater's doors, leaving the community without a movie theater for more than 25 miles.

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