Kristen Stewart is explaining the reasoning behind purchasing a century-old decrepit movie theater in Los Angeles. Earlier in the year, the Oscar-nominated actress and filmmaker, 36, confirmed that she had indeed purchased Highland Park's historic Highland Theatre, although the amount of purchase wasn't revealed. © Getty Images Kristen Stewart is explaining why exactly she bought a 100-year-old movie theater in Los Angeles"It was kind of a desperate move, like, a slightly foolhardy thing. The Highland Theatre (also known as the Highland Park Theatre) originally opened in 1925 with a screening of the silent romantic drama Lady of the Night, with its lead Norma Shearer in attendance as well. © Getty Images "I'm fascinated by broken-down old theaters.