Theater chains looking for new opportunities

posted by Michael Zoldessy on August 11, 2006 at 6:49 am

More and more, theater chains are scratching their heads, looking for new ways to hook in an ever-abandoning public:

This year’s 4 percent upswing at the domestic box office is more than just a welcome relief to beleaguered movie-theater chains. It is a chance to uncork a bottled-up desire to make deals.

One major transaction, Cinemark USA Inc.’s proposed acquisition of Century Theatres Inc., was struck this week, while a few other theater-related businesses — including No. 2 theater chain AMC Entertainment Inc. — are considering public offerings, analysts and investors say.

For more, read the full story in the Pittsburgh Post-Gazette.

Comments (3)

ewokpelts on August 20, 2006 at 8:37 am

The Best Way is to create incentives to go DURING THE WEEK.
Ask MLB how they do this.

ewokpelts on October 5, 2006 at 7:32 pm

The over-reliance on weekend grosses hurts more than helps. Give me a reason to go to a movie theatre on a Tuesday night.

Mike Rogers
Mike Rogers on July 23, 2010 at 7:58 pm

Gene-Paul you are so correct.Don’t remember the news back in the 70’s or even early 80’s reporting film grosses.we saw it in Boxoffice Magazine monthly. Too Much WEEKEND.

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