The theatre opened as the Fox Wilshire Theatre on September 19, 1930 and for several decades was one of 20th Century Fox's premiere theaters, serving as a movie palace until a 1981 renovation converted it into a stage venue.[3] It was operated by the Nederlander Organization from 1981 to 1989.[4] It is now regularly used as a live performance venue for comedy, music, television, film shoots, screenings, and community intercultural events such as PaleyFest.[3][5] Temple of the Arts has owned and operated the theatre since 2005.[6]