Dickinson Theatres sells 10 locations to former exec.

posted by JoelWeide on June 7, 2010 at 10:47 am

OVERLAND PARK, KS — Dickinson Theatres has sold 10 locations in Kansas, Oklahoma, Missouri, Nebraska and Arkansas to it’s former CFO Al Lane. Lane has formed Showplex Cinemas which is owned to the equity group Trinity Hunt Partners, based in Dallas, Texas. Lane plans to upgrade the theatre to include all digital projection.

Lane said one of the key objectives of his new company is to upgrade theaters to digital projectors, capable of showing not only feature films but also “alternate content, such as martial arts fighting, operas — there’s all sorts of opportunities out there,” including live events.

It’s a great time for the cinema industry, Lane said, with the development of 3D movies and digital projectors; he couldn’t say how long it would be before the Salina theaters got digital projectors.

Read the full article in the Salina Journal.