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Cinema Holdings group purchases East Providence 10
posted by
usual
on
July 2, 2010 at 7:50 am
EAST PROVIDENCE, RI — I have learned through the Cinema Holdings website that the East Providence 10, a second run theater in Rumford RI, has been purchased by Cinema Holdings from Patriot Cinemas. A little about the sale can be found here at the city council meeting.
A call to Apple Valley Cinemas, located in Smithfield RI, also owned by Cinema Holdings and a look at their website yielded this information.
Cinema Holdings is a subsidiary of Bapaz Garments, Its corporate office is at 555 Eighth Ave, New York, NY 10018, & their phone number is (212) 564-4460. The owners name is Ben Kafash. Currently they own the Apple Valley Cinema, Gator Cinemas in Gainesville, FL. and the Tallahassee 8 in Tallahassee, FL. They are apparently looking for additional theaters to purchase on the east coast. They are rumored to have interest in cinemas in Union City NJ & Palatka, FL.
From their website —– their slogan is Movie Innovation for Tomorrow
Cinema Holdings, LLC is a fully integrated movie theater company. Privately owned, it is ranked in the top 10% of its industry, according to the National Theodore Association and currently has theaters in Florida, New York, and Rhode island. Formed in 2009, its focus is to develop and operate a portfolio of high impact, state-of-the-art movie entertainment theaters in selected markets of the Eastern United States.
Cinema Holdings' award winning business philosophy of “More than just a Theater” incorporates the best in movie entertainment with the Company’s philosophy of active community service. “Being socially entrepreneurial builds strong bonds and goodwill in the communities we serve”, according to Michael O'Brien, the Company’s CEO.
At the Apple Valley Cinema they have added two Technicolor 3-D systems; put in new concession items and they have introduced midnight shows every Thursday night, with free popcorn if you bring your own bucket.
The staff member at Apple Valley Cinemas was unable to release any information about the East Providence Cinema.
