Theater chains looking for new opportunities

posted by Michael Zoldessy on August 11, 2006 at 4:49 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 6:37 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 5:32 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 5:58 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.

You must login before making a comment.

New Comment