Bow Tie Cinemas acquires 95 screens from Crown Theatres
Bow Tie Partners, headed by Charles B. Moss, Jr. and Ben Moss, has announced they have signed an agreement for the acquisition of 95 movie screens in 12 locations in Connecticut and Maryland for an undisclosed amount from Crown Theatres, LLC. With this transaction and with the completion of additional Moss properties currently under construction, Bow Tie Partners will own and operate a network of 137 screens in 17 locations in Colorado, Connecticut, Maryland, upstate New York and Virginia.
Charles B. Moss, Jr. and Ben Moss represent the third and fourth generations of the family owned Moss companies whose interests are centered in the real estate development and entertainment industries.
Bow Tie Partners specializes in the redevelopment of historic and architecturally significant properties by adding value through a combination of physical redevelopment, creative change of use, financial restructuring and market repositioning. The company is known for its circuit of deluxe, intimate, first run cinemas designed to bring style and elegance back to the movie going experience.
Founded in 1900 by Benjamin S. Moss, B. S. Moss Enterprises began with a chain of storefront nickelodians which soon grew into a large vaudeville circuit presenting such acts as George Burns and Gracie Allen, Harry Houdini and Milton Berle.
The family business steadily grew and diversified throughout the first half of the century and made a smooth transition of leadership when B. S. Moss' son Charles B. Moss Sr. joined the company. In the 1960’s and early 1970’s, Charles B. Moss Jr. joined his father and together they built the largest independently owned and operated motion picture theater circuit in metropolitan New York.
Throughout the 1970’s and 1980’s, Charles B. Moss, Jr. produced feature films and Broadway plays in theatres he developed, owned and operated. During the 1990’s, the Moss family built and operated the largest independent network of resort radio stations in Colorado and California.
The family business enterprise was again expanded in 1998 when Charles B. Moss and his son, Ben formed Bow Tie Partners, headquartered in New York with a second office in Aspen, Colorado. Bow Tie Partners was founded with the goal of continuing a long tradition of successful entrepreneurial ventures in the real estate and entertainment industries.