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» Film-Tech Forum ARCHIVE   » Operations   » Ground Level   » Century Theatres for sale? (Page 2)

 
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Author Topic: Century Theatres for sale?
Michael Coate
Phenomenal Film Handler

Posts: 1904
From: Los Angeles, California
Registered: Feb 2001


 - posted 04-19-2005 09:52 PM      Profile for Michael Coate   Email Michael Coate   Send New Private Message       Edit/Delete Post 
The Century in question is west coast-based and was formerly known as Syufy [pronounced, I believe, "Sigh-You-Fee"].

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Aaron Haney
Master Film Handler

Posts: 265
From: Cupertino, CA, USA
Registered: Jan 2001


 - posted 04-26-2005 01:00 AM      Profile for Aaron Haney   Email Aaron Haney   Send New Private Message       Edit/Delete Post 
Century is currently my favorite chain. Sure, there are a lot of things that could be improved, but all things considered it is generally the best theatre-going experience I can get in the Bay Area.

I would really hate to see a buyer like Reagal or AMC swoop in and ruin things by letting quality slide and adding TV commercials and other annoyances. I hope the new owner is a good one.

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Bobby Henderson
"Ask me about Trajan."

Posts: 10973
From: Lawton, OK, USA
Registered: Apr 2001


 - posted 04-26-2005 01:03 AM      Profile for Bobby Henderson   Email Bobby Henderson   Send New Private Message       Edit/Delete Post 
Are there any other chains besides Century that are still doing all-THX multiplex locations? There's lots of other chains that did the all-THX thing only to let certifications lapse on most or all screens.

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Frank Angel
Film God

Posts: 5305
From: Brooklyn NY USA
Registered: Dec 1999


 - posted 04-27-2005 02:01 PM      Profile for Frank Angel   Author's Homepage   Email Frank Angel   Send New Private Message       Edit/Delete Post 
Assuming nothing changes in a theatre's equipment, wouldn't THX specs remain valid assuming regular mainenance? I mean, the ambient light and the ambient noise specs for the room would usually not change over the course of years? If all the booth equipment is THX certified and you don't change anything there, what would be the point of paying for certification, aside from the marketing advantage (questionable) of using the THX name?

Assuming it is a THX room and you have been gotten a reputation as a really good house to see a movie in, it will be that rep that will draw in the techophiles rather than the THX on the marquee. Can you be certified say once every 5 years so you pay for it for a year, get the rep, then let it wane for the next 4 and then get it again for a year? Sorry, it's just my non-profit mentality. But it just seems to me that if I do everything to become THX complient, those specs won't change over the course of time. Why should I pay them for the privilidge of using their three letters? Besides, I am not sure they could stop me from saying that my theatre "follows all THX specifications."

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William T. Parr
Jedi Master Film Handler

Posts: 823
From: Cedar Park, TX
Registered: Nov 2000


 - posted 04-27-2005 03:37 PM      Profile for William T. Parr   Email William T. Parr   Send New Private Message       Edit/Delete Post 
quote: Bobby Henderson
Are there any other chains besides Century that are still doing all-THX multiplex locations?
Santikos in San Antonio is doing All THX install as are the New AMC theatres since 1999 or so.

quote: Mark Gulbrandsen
I insisted that they remove all Strong equipment and replace it with all Kinoton
Funny since they use and all Christie Package to start with.

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Monte L Fullmer
Film God

Posts: 8367
From: Nampa, Idaho, USA
Registered: Nov 2004


 - posted 05-03-2005 01:04 PM      Profile for Monte L Fullmer   Email Monte L Fullmer   Send New Private Message       Edit/Delete Post 
Now, I've heard some wild buzz that REG and AMC are joining forces to buy Century, where it was originally to be REG alone who would do the Century purchase, but can't due to monopoly laws of the country.

....yep....the bigger they get, the harder they'll fall.....

-Monte

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Jim Ziegler
Jedi Master Film Handler

Posts: 753
From: West Hollywood, CA
Registered: Jul 99


 - posted 05-03-2005 03:31 PM      Profile for Jim Ziegler   Email Jim Ziegler   Send New Private Message       Edit/Delete Post 
The buzz coming out of the bay is that an investment firm is buying them...

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Eric Hooper
Jedi Master Film Handler

Posts: 532
From: Fort Worth, TX, USA
Registered: May 2003


 - posted 05-04-2005 01:09 PM      Profile for Eric Hooper   Email Eric Hooper   Send New Private Message       Edit/Delete Post 
Why would Regal want to get any bigger? Aren't they already big enough for their own good, IMO....?

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Monte L Fullmer
Film God

Posts: 8367
From: Nampa, Idaho, USA
Registered: Nov 2004


 - posted 05-04-2005 02:05 PM      Profile for Monte L Fullmer   Email Monte L Fullmer   Send New Private Message       Edit/Delete Post 
quote: Eric Hooper
Why would Regal want to get any bigger? Aren't they already big enough for their own good, IMO....?



Two possibilities:

One-if you remember the BIG megaplex "crash" of 2000 when a good many of circuits had to do Chapt-11 due to overspending in building megas and their smaller places started to go into the red causing these circuits to do the "domino effect" into massive debt, thus doing the Chapt-11 reconstructive plan. Regal, Edwards, and United Artists need help bad. In came Philip Anshutz(sp), that Denver billionaire who bailed out these three as the major investor of these three who bought out their debt for control of their companies and merged them together as REG with Regal in control of this new company due to that they were the biggest (4000 screens plus) and had the most organized operations. Now, if I'm right on this (for I've only heard this from outside sources, so don't quote me for gospel on this), with this reorganizational plan, Regal now has to "repay" back Anshutz for the investment and show growth, or lose the company all together, thus why all of the huge buyouts and expansion programs that Regal is doing.

Two: - it's simply called "wanting to monopolize the market." But the GOV't won't let this happen.

-Monte

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