One small Idaho town are the proud new owners of a theatre troupe thanks to a former Hollywood power couple.

Back in 1995, the pair purchased the Liberty Theatre in Hailey with a goal to transform it into a live performance venue.

Over the holidays, Moore and Willis decided to donate the theatre to the town of Hailey so the theatre troupe Company of Fools can perform there at will.

This isn't Bruce Willis' first time dabbling in Idaho property.