EXCLUSIVE:Oscar winnerCillian Murphyand artistYvonne McGuinnessare the new proprietors of ThePhoenix Cinemain Dingle, County Kerry, Ireland.

He added, We recognize what the cinema means to Dingle.

Rory Gallagher performed in the cinema in 1964.

Cillian Murphy & Yvonne McGuinness acquire Phoenix Cinema in Dingle, County Kerry, Ireland

Yvonne McGuinness and Cillian Murphy/The Phoenix in 1974Tristan Fewings/Getty Images, Len Gazzard

Motivated primarily by his passion for film, Michael OSullivan bought The Phoenix in 1978.

As they note, Bionn rudai maithe mall (Good things take time).

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From left: Brendan Murphy, Cillian Murphy and Michael O’SullivanThe Irish Independent