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Muller Family Theatres Sold

Posted on Tuesday, August 2nd, 2016 and updated on Thursday, September 15th, 2016 11:39 AM

Company Graphic

The Minnesota-based Muller Family Theatres chain has been sold to a Detroit company, according to an article published recently in the Star Tribune:

For decades, moviegoers could count on Mike Muller to bring the latest cinematic trends to the Twin Cities — Dolby sound, cup holders in seats, stadium seating, monster-sized screens.

Now Muller, at age 76, has decided to roll the credits on Muller Family Theatres, the company whose roster includes the region’s biggest theater complex, a 21-screen giant in Lakeville.

Nearly 40 years after he purchased his first theater in 1978, a single screen in Monticello, Muller and his brother Bob sold their eight theaters, with 104 screens, to a Detroit firm for an undisclosed amount.

“La-Z-Boy-style chairs and premium bars are the trend now,” Muller said. “That’s too large of an investment for someone at 76. But if I were 30 years younger, I’d love the challenge.”

Jon Goldstein, who is 30 years younger and a principal at Highline Investments LLC, the new owner, says the firm will drop the Muller name, though not for a few months.

“I bought Muller’s Family Theatres because I saw people with the same values and a solid foundation,” Goldstein said. “Mike and Bob built a great platform. We can add a lot.”

Click the Read link below to view the full article.

Goldstein is part of Highline Investments, which has full or part ownership of Emagine Entertainment, which has nine locations in Michigan. Whether the Muller Family Theatres locations will be rebranded as Emagine is yet to be seen, but that would make the most sense.

The theaters affected by the sale are:

Image above is by Muller Family Theatres.

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