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Topic: What's the latest theatre to close or open you have heard about?
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Gene Stavis
Film Handler
Posts: 26
From: New York, NY
Registered: Aug 1999
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posted 04-19-2008 03:15 PM
<<Gene,
Will the theater function as a commercial movie theater to showcase art house films? Or will it have some function for students of School of Visual Arts?
I wish SVA had its own full blown movie theater back when I was a student there. Would have been great for those movie nights. Do you still have that anamorphic 16mm print of Bladerunner? I remember watching it in film history class.>>
Hi Bobby:
Boy, ex-students pop up everywhere! Lawton, OK - wow. Glad to hear from you. You probably remember I have been trying to get the school to do this for decades. No, this will not be a commercial theater. We are upgrading to 70mm, 35mm, 16mm and D-Cinema in both houses and Milton Glaser is redesigning the exterior and interior. We'll be using the spaces for classes, school events, commercial rentals, original programming with other cultural partners. A fair amount of stuff will be open to the public, but there will be no commercial runs. It's going to be a laboratory for all the arts of the school and an arts center for all of us below 42nd Street. The big theater has a 50 foot screen, 500 seats and state-of-the-art equipment including 3-D digital. The small house has a 40 foot screen and all media except 70mm with 300 seats. I still have the print you mentioned but at the theater we'll be running it in 70mm. My personal prints are just that - not for public performance.Stop by and say hi if you're back East.
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Jeffry L. Johnson
Jedi Master Film Handler
Posts: 809
From: Cleveland, Ohio, USA
Registered: Apr 2000
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posted 04-28-2008 12:48 PM
Carmike closing movie theater in Hermitage
quote:
Carmike closing movie theater in Hermitage
By Michael Roknick
Herald Business Editor
HERMITAGE— Lights in the Cinema 8 Theater could dim for good after Thursday’s shows as its owner said it will close the Hermitage Towne Plaza movie theater.
Carmike Cinemas Inc. notified its local vendors on Monday the eight-screen theater was ceasing operations. While the Columbus, Ga.,-based movie chain gave no specific explanation for the closing, the company has been going through a financial horror show as it lost $126 million, or $10.07 a share, in 2007 compared to a loss of $19 million, or $1.57 a share, in 2006.
In March Carmike said it would sell or close underperforming theaters as it saw sliding ticket sales.
The company blamed its losses on a weaker than expected fourth quarter box office. This isn’t the first time Carmike finds itself in a financial bind. Carmike filed for Chapter 11 bankruptcy in August 2000 . The company emerged from bankruptcy in February 2002
Despite its brutal financial performance Carmike remains a major motion picture exhibitor with 283 theaters and 2,427 screens in 37 states.
There is a chance the local 8-screen theater may still survive as rumors swirled Shenango Valley Cinemas owner was interested in buying or leasing Cinema 8.
Calls for spokesman at both Carmike and Shenango Valley Cinemas were not immediately returned late Monday afternoon.
Opening in the early ’90s, Cinema 8 had enjoyed legions of fans as it was the only theater in the Shenango Valley. Once Shenango Valley Cinemas opened a decade later, competition stiffened significantly.
Upgrading its theaters recently to handle a new, sharper digital projection format apparently wasn’t enough to woo audiences.
Still, Cinema 8 was able to attract a crowd when it showed the Hannah Montana concert movie in February. With a limited viewing, the movie packed in hordes of screaming young girls who sometimes traveled more than a hour by bus to see the flick.
For Herald photographer Jason Kapusta, the movie theater has a more emotional attachment. Working at the theater in high school and college, he met his future wife Molly Murray there.
Kapusta later proposed to his wife at the theater using his own theatrics. Coaxing Molly to see the movie “Tomb Raider’’ with him at the theater, he arranged for a special slide show to hit the screen before the movie began. The slide show ended with words on the screen asking “Molly, will you marry me?’’ followed with a photo of Kapusta with his arms raised in excitement in anticipation of her answering yes.
“I gave her the engagement ring and then I had arranged for the ushers to come down to bring her roses,’’ Kapusta recalled.
This tale has a real Hollywood ending: Comedian Drew Carey stole the idea for his former TV show. It turns out Molly’s college friend was dating Carey at the time and told him about the unique proposal.
“Carey later used the idea on his show to propose to a character,’’ Kapusta said. “He owes me one for that.’’
Copyright © 1999-2008 cnhi, inc.
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Bobby Henderson
"Ask me about Trajan."
Posts: 10973
From: Lawton, OK, USA
Registered: Apr 2001
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posted 04-28-2008 05:35 PM
quote: Michael Roknick, The Herald
Carmike Cinemas Inc. notified its local vendors on Monday the eight-screen theater was ceasing operations. While the Columbus, Ga.,-based movie chain gave no specific explanation for the closing, the company has been going through a financial horror show as it lost $126 million, or $10.07 a share, in 2007 compared to a loss of $19 million, or $1.57 a share, in 2006.
Unfortunately, I'm not very surprised to see Carmike in this financial position. Most of the theaters they operate are in smaller cities and towns -many of which don't have highly affluent populations. I think high gasoline prices and rising food prices are causing a now noticeable downtown against lots of "service industry" businesses in smaller cities and towns.
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