Yesterday, the new owner closed on the property, says Winston. He is Terrence Youk, a filmmaker who owns Brook Hollow Productions in Montpelier, an "independent producer of documentaries, educational films and other cutting edge broadcast media" that's been in Vermont since 1986.
Youk has produced programs for PBS and A&E; recently he directed the feature documentary Numen: The Nature of Plants, which showcased interviews with local herbalists. It screened at the Savoy and at this year's Santa Fe Film Festival.
Winston says the transition will take place around New Year's, but "the staff will remain the same," and he and Serota "will stay involved." The Savoy will remain one of the central venues for the Green Mountain Film Festival.
Is Youk planning any changes for the venerable single-screen theater? Watch this space for updates.