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Marcus Theatres Corporation has officially announced that their new locations in Green Bay and Sturtevant (Racine) Wisconsin will open on Friday, November 17, 2006. Both will feature digital sound, stadium seating, and online ticketing, and the Sturtevant location will feature a 70-foot wide UltraScreen auditorium.
The Marcus Green Bay East cinema is located at 1000 Kepler Drive, near I-43 and Mason St. on Green Bay's East side. The Marcus Cinema at The Renaissance is located at 10411 Washington Avenue, near I-94 & Hwy 20 in Sturtevant.
MILWAUKEE--(BUSINESS WIRE)--Nov. 9, 2006--Marcus Theatres Corporation, a division of The Marcus Corporation (NYSE:MCS), today announced the opening of two new theatres in Wisconsin. A new 12-screen theatre in Green Bay and a 13-screen theatre in Sturtevant (Racine) will open on Friday, November 17, 2006.
"We are pleased to announce the opening of the Marcus Cinema Green Bay East in Green Bay, Wis. and the Marcus Cinema at The Renaissance in Sturtevant, Wis.," said Bruce J. Olson, president of Marcus Theatres. "Our new theatres are state-of-the-art entertainment destinations that take moviegoing to a new level for residents of these key Wisconsin markets."
"The Marcus Cinema Green Bay East and the Marcus Cinema at The Renaissance feature all of the up-to-date amenities that moviegoers expect - stadium seating and digital sound in every auditorium, big curved screens, comfortable high-back seats, online print-at-home ticketing, lobby entertainment on flat-screen monitors and self-service soft drinks. The new cinema in Sturtevant will also include Marcus Theatres' seventh signature 70-foot-wide UltraScreen(R)," said Olson. "Both theatres feature classic warm wood finishes, rich stone floors and granite counters - all part of Marcus Theatres' elegant art-deco design concept."
In addition to opening the Green Bay and Sturtevant theatres, Olson noted that the company's new flagship theatre, The Majestic, is currently under construction in Brookfield, Wis.
About The Marcus Corporation
Headquartered in Milwaukee, Wis., The Marcus Corporation is a leader in the lodging and entertainment industries. The Marcus Corporation's movie theatre division, Marcus Theatres(R), owns or manages 508 screens at 43 locations in Wisconsin, Illinois, Minnesota and Ohio. The company's lodging division, Marcus Hotels and Resorts, owns or manages 16 hotels and resorts in Wisconsin, California, Minnesota, Missouri, Texas, Illinois and Nevada and one vacation club in Wisconsin. For more information, visit the company's Web site at www.marcuscorp.com.
Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as we "believe," "anticipate," "expect" or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of increasing depreciation expenses and preopening and start-up costs due to the capital intensive nature of our businesses; (3) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (4) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (5) the effects on our occupancy and room rates from the relative industry supply of available rooms at comparable lodging facilities in our markets; (6) the effects of competitive conditions in our markets; (7) our ability to identify properties to acquire, develop and/or manage and continuing availability of funds for such development; and (8) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States, the United States' responses thereto and subsequent hostilities. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Source: The Marcus Corporation
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