Confirmed: Picture House sold to new owners
Here's the statement from the Lothian Road venue's (now former) owners:
"MAMA & Company have accepted an offer for The Edinburgh Picture House and the final event will be on 31 December 2013. All events prior to and including the 31 December will take place as planned. The sale is due to complete on 6 January and we understand that the new owners will close for refurbishment on that date and are not expected to re-open as a music venue. We would like to take this opportunity to thank the public, the venue staff, and all the great artists and promoters who have graced the stage over the last five years for their support."