According to the Daily Mississippian, Mid-South megaplex operator Malco has taken over the local movie theater (the ignorantly-punctuated “Cine’ 4”) and will turn the former Stage department store in the Oxford Mall into a new, modern eightplex.
Thursday's Oxford Eagle reports, in an article by Lucy Schultze (that won't stay online for more than a day, so I'm not going to bother with a link) that an additional ten screens are planned to be built by another developer at a new shopping center at Highway 7 and Sisk Avenue on the east side of town. The developer originally planned to work with Malco, but their purchase of the “Cine’ 4” (mercifully renamed “Cinema 4” on Malco's website) has apparently thrown a wrench into those plans.