The historic Plaza Theatre has been a favorite location for Atlanta Film Festival screenings, so news of the venue's impending sale should delight cinema buffs. Theater owner Michael Furlinger announced in a statement that the theater will be sold next month to Atlanta Film Society executive director Christopher Escobar.

"It's time to pass the torch so that Christopher can take the theatre to the next level," Furlinger said. (His entire statement is below).

PAST COVERAGE: That time Marvel director James Gunn got testy with a fan at the Plaza Theatre

The Atlanta Film Society operates the annual Atlanta Film Festival, and the Plaza has been a key partner in recent years, hosting many screenings and special events. Among the memorable moments: when "Guardians of the Galaxy" director James Gunn got testy with a fan following a 2016 screening. Gunn and actor Michael Hooker, who plays Yondu, engaged in a Q&A afterward. Everything was going great until someone asked if Yondu wasn't just "Space-Merle," a reference to Rooker's character on "The Walking Dead."

Gunn was not amused. “That’s (bleeping) (blank)!” he said, using terms we cannot post on a family newspaper blog.

Then this year, right before the Plaza Theatre was due to host Atlanta Film Festival events, damage caused during a previous private party forced some last-minute changes.

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With the Atlanta Film Society chief holding the keys, we're guessing there will be no risk of third-party damage next year.

Here is the entire statement regarding the sale:

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