CALIFORNIA | LOCAL
August 4, 1996 | KATE FOLMAR, SPECIAL TO THE TIMES
After a year of struggling financially, the two-screen Melody Theatre has finally succumbed to the inevitable. Unable to compete with the megaplexes that are sprouting everywhere in the Conejo Valley, the theater closed its doors for good after an 8 p.m. showing of "Striptease," leaving seven part-time employees jobless.