The BigScreen Cinema Guide Now Showing The Marquee Gift Shop Search Help
 
Have an Account? E-Mail Address Passcode
| Register Now
Carmike Buys Three Former Rave Cinemas from Cinemark

Posted on Monday, July 29th, 2013 4:07 PM by Scott Jentsch

Carmike Cinemas logo

Cinemark Logo

Carmike Cinemas has signed an agreement to purchase three movie theaters from Cinemark USA, Inc., according to a press release issued recently. The three theaters were purchased by Cinemark from Rave Cinemas in November 2012 as part of a 32-theater deal, and include the following:

One would hope that those locations didn't order too many Cinemark-branded cups...

Carmike also purchased 16 locations from Rave Cinemas last October, so they are no stranger to converting the brand, locations, and programs to the Carmike way of doing things.

Carmike Cinemas President and Chief Executive Officer David Passman stated:

"Following up Carmike's successful 251-screen Rave acquisition late last year with an additional purchase of three cutting-edge theatre locations from Cinemark is another important step for our organization as we move toward our 3,000 screen target. We continue to actively pursue attractive transactions as we expand our growing circuit."

Carmike currently owns and/or operates nearly 250 locations in the United States. Terms of the deal were not disclosed, but they expect it to be completed in the third quarter, subject to the usual regulatory approvals and closing conditions.

The Stonybrook location has an IMAX screen at this time, and the press release made it sound as though it will be converted to one of Carmike's BigD big-screen concept auditoriums. If that is the case, the closest IMAX theater that would show mainstream movies (as opposed to documentary-based movies shown by the likes of IMAX - Louisville Science Center) will be about 100 miles away in the Cincinnati area at the AMC Newport On The Levee 20.

Source: Carmike Cinemas Press Release



Add Your Comments

Reader VoiceReader Comments

Please Note: These comments are submitted by the readers of The BigScreen Cinema Guide and represent their own personal opinions, and do not represent the views of The BigScreen Cinema Guide, or any of its associated entities.

Mar 3, 2014 - Scott Jentsch VIP Member

Aug 15, 2013 news article in the Courier-Post:

http://www.courierpostonline.com/article/20130816/NEWS01/308160018/Carmike-Cinemas-latest-owner-Voorhees-theater 

Add Your Comments

Warning: Please login
Commenting on Journal Articles is available only to our readers who have customized this site, which makes it easier for you to complete the form and for us to contact you with any questions or concerns about your comments.

Please login or register a new account before continuing.


Already Registered?

Log in to retrieve your saved settings.

E-Mail Address:
BigScreen Passcode:

Forget Your Passcode?

Send My Passcode To Me

Not Registered? Create a New Account!

E-Mail Address
In case we need to contact you. A valid E-Mail address is required, profiles with invalid addresses will be removed.
Please Confirm Your E-Mail Address
ZIP Code
This helps us display theaters that are near you.

Our registered members enjoy more features, including:

Basic accounts are free -- sign up today!

Concerned About Privacy?

So are we! We won't sell, trade, or share your personal information with anyone unless required by law. For more information, please read our Privacy Policy.



Home - About Us - Ad Info - Feedback
Journal/Blog - The Marquee - Movie Links - News and Events - Now Showing - Reader Reviews
Customize - VIP Service

The BigScreen Cinema Guide is a service of SVJ Designs LLC. All graphics, layout, and structure of this service (unless otherwise specified) are Copyright © 1995-2014, SVJ Designs. The BigScreen Cinema Guide is a trademark of SVJ Designs. All rights reserved.

'ACADEMY AWARDS®' and 'OSCAR®' are the registered trademarks and service marks of the Academy of Motion Picture Arts and Sciences.