Ripley Entertainment Inc., a global leader in location-based entertainment, has acquired its Believe It or Not! Odditorium and the Ripley 3D Moving Theater franchise in Panama City Beach, Fl. Ripley’s Believe It or Not! Odditorium and Ripley’s 3D Moving Theater opened during June 2006 and is housed in an amazing replica of a 1950s vintage luxury liner that had run aground on Panama City Beach. Since then, the building, with its twin 75-foot tall smokestacks, 94-foot tall mast, and three enormous propellers has become a local landmark, just a few blocks from the Gulf of Mexico.