Landmark Theatres announced today that they have come to an agreement with Balgobind Jaiswal, the Clay Theatre landlord, to keep the century-old cinema open for the short term.  

"We hope continuing operation at the Clay will give all interested parties the opportunity to pursue mutually beneficial remedies," said Landmark CEO Ted Mundorff.

"I want to thank Mr. Jaiswal, our landlord, for the amicable arrangement that we completed just two days prior to our otherwise expected last day of operation. He went above and beyond and we are so pleased we could reach this resolution."

Radu Mihaileanu's romantic comedy The Concert will continue its current engagement at the Clay through Sept. 10, when the French drama Mademoiselle Chambon will make its regional debut. For showtimes, click here.