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This topic comprises 2 pages: 1 2
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Topic: E-Walk for sale, among others....
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Jeff Arellano
Film Handler
Posts: 41
From: Monterey Park, CA
Registered: Jul 2005
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posted 05-13-2006 06:39 PM
According to the Knoxville Sentinel:
quote:
Phoenix takes over D.C. movie theater
Knoxville company to operate multiplex in Union Station
By CARLY HARRINGTON, harringtonc@knews.com
May 6, 2006
Knoxville-based Phoenix Theatres will take over operations of the Union Station 9 movie theater, located in the heart of the nation's capital.
The company has signed a five-year deal to lease and operate the nine-screen multiplex in the historic Union Station in Washington, D.C., beginning May 19.
"It's a great addition to our little circuit," Phoenix principal Phil Zacheretti said. "Tons of people are familiar with its location."
The theater, previously operated by AMC Entertainment, is located on the lower level of the former train station turned retail center. It is considered one of the area's most distinctive theaters, which was built into the station's old storage vaults in 1988.
The theater will undergo some renovations including new seats, wider rows, and new carpet and signs.
The addition increases the number of screens Phoenix operates to 74. That will increase to 84 when the company opens a new 10-screen theater in Durham, N.C., in August.
It currently operates theaters in Tennessee, Kentucky, Kansas, South Carolina, Virginia and Florida.
"We've picked up the pace a little bit. We're always looking for the right mix for Phoenix," Zacheretti said.
In less than a year, the Knoxville company has doubled its size, but Zacheretti said some of the recent projects have been in the works for years.
The deal with Union Station was unusual, he said, because it was completed in less than six months.
Under AMC, the theater was on a month-to-month lease.
Phoenix began negotiating with the landlord last fall and was close to finalizing a deal when AMC and Loews Cineplex Entertainment announced a merger.
The Union Station theater was among 10 from both companies that the federal government ordered sold in order for the merger to proceed.
Built in 1907, Union Station was at the time the largest train station in the world, according to its Web site.
Today, it is the most visited destination in the nation's capital, serving as a retail center with more than 130 shops and restaurants.
Thats two down for AMC, and several more to go.
And Eric, Kabuki is still being listed on AMC's website.
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Paul Linfesty
Phenomenal Film Handler
Posts: 1383
From: Bakersfield, CA, USA
Registered: Nov 1999
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posted 05-14-2006 08:13 PM
From SF360
//// Sundance Cinemas buys the Kabuki 8 (Mar 24, 2006)
By Susan Gerhard
Sundance Cinemas, LLC, announced Thursday that it's signed an agreement to purchase the Kabuki 8 Theatre. Sundance Cinemas plans on taking over the property after the completion of the SF International Film Festival, and plans on giving the theater "a significant facelift" before reopening in early fall of 2006 under the name "Sundance Kabuki." "We are looking forward to working with Sundance Cinemas during this year's San Francisco International Film Festival and beyond," said Graham Leggat, SFFS executive director.
This is the second location for Sundance Cinemas; the first is under construction in Madison, Wisconsin, and is planned to open in November, 2006. Said Robert Redford, Sundance Group President, in the company's press release, "As San Francisco holds a special place in my heart and is one of the nation's great centers of independent film, I am particularly excited to have found such a perfect home for Sundance in this city." Sundance Cinemas CEO Paul Richardson said, in the release, that "The Kabuki is a dream location for Sundance. The theatre has a great location central to all of San Francisco and we are very pleased to be part of the Japan-town community." When AMC Theatres and Loews Cineplex Entertainment Corporation merged, the Department of Justice required the sale of ten theaters, one of which was the Kabuki 8.
Charles Burress reported in Friday's San Francisco Chronicle that community leaders in Japantown are, for the most part, pleased by the sale, and are hopeful that the community's connections with theater, which hosted many events, including activities related to the Cherry Blossom Festival and Day of Remembrance, will continue to be strong. He also noted that Sundance Cinemas President of Film and Marketing, Bert Manzari and CEO Paul Richardson led Landmark Theatres during its nationwide expansion.
The Sundance Group is a business entity owned by Robert Redford, and the Group oversees Redford's ownership interests in Sundance Village, Sundance Catalog, Sundance Channel, Sundance Cinemas, LLC, as well as his involvement in the not-for-profit Sundance Institute, Sundance Film Festival and the North Fork Preservation Alliance.
Said Leggat, "Early conversations with Sundance Cinemas prior to this public announcement have been positive, so we also expect to be presenting a number of programs and events at the new Kabuki when it opens in the fall, including a mid-October San Francisco International Animation Festival and Market and Digital Media Conference, as well as our New Italian Cinema Festival in November. The Kabuki is the most flexible venue in town and the one best suited to a festival like the International, so we are not looking to move. We expect to have a sympathetic and enjoyable relationship with Sundance Cinemas."
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Ky Boyd
Hey I'm #23
Posts: 314
From: Santa Rosa, CA, USA
Registered: Jun 99
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posted 05-24-2006 09:14 PM
Eric, have you been ODing on That 70's Show? It's a very Red thing to say, but as you point out, also true.
However, the Kabuki is going to still be a theatre, while the Coronet, the Galaxy, and the Alexandria are all going to become other things and in the case of the Kabuki, the operators of the future theatre have a vested interest in not having the theatre go dark. Noboby has that interest in the case of the former UA's.
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