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Marcus Theatres Q2 Sales Surge Led By ‘Top Gun: Maverick’
Big exhibitor Marcus Theatres saw second quarter sales surge, hitting 80% of the comparable 2019 pre-pandemic June quarter on a string of releases led by Top Gun: Maverick.
Revenue was $129 million versus $52 million a year ago hitting 80% of ,the comparable 2019 — pre-pandemic — June quarter. The chain swung to a…
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1 Comments Comment on Marcus Theatres Q2 Sales Surge Led By ‘Top Gun: Maverick’
Marcus Theatres Nudges Patrons Toward Indie Films With Loyalty Program: “We Can’t Live Off Just Blockbusters” – Specialty Preview
The nation's fourth-largest cinema chain is testing a new subscription program called MovieFlex+ that includes a curated set of small and mid-sized films each week for no extra charge.
"We can't live off just blockbusters," chairman and CEO Greg Marcus tells Deadline. "We cannot just live off dinner. We need breakfast…
Marcus CEO Urges Apple To Recall “Lines Around The Block” For IPhones As He Touts Theatrical Window
Greg Marcus said first-quarter sales for Marcus Theatres surged from a year ago; that the film slate, while improving, is still not back to where it was pre-Covid; and that while studios have committed to theatrical windows, big streamers have not despite — in his view — overwhelming arguments for cinematic…
Marcus Theatres Turning Auditorium Into Sports Bar With Big Screen TVs, No Rights Issues, As Industry Experiments
Marcus Theatres is transforming an auditorium at its Gurnee Mills theater outside Chicago into a sports bar with high-def monitors and food and drink starting with March Madness as chains experiment with new ways to attract patrons.
"I can't think of a better place to watch these games," said CEO Greg Marcus. Plans…
Marcus CEO Says Movie Chain Is Open To Deal For Arclight Cinemas; “Arclight Is Reopening, I’ll Take That Bet With Anybody”
Greg Marcus, CEO of Marcus Corp., was shocked when Arclight Cinemas and Pacific Theatres went dark. "I happened to notice that. It caught my attention," he joked. "I said, 'What? Arclight is not reopening?' Arclight's reopening. I'll take that bet with anybody who wants to bet me on that. Those theaters are so…
Movie Theater Operator Marcus Corp. Posts Dim Q4 Results, But Execs Anticipate A “Real Summer Season”
Marcus Corp., which runs the fourth-largest movie theater circuit in the U.S., posted fourth-quarter results below Wall Street forecasts, but execs point to brighter days in the next few months.
“If the film schedule holds,” CFO Doug Neis said during a conference call with analysts, “we have much higher hopes that…
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By Dade Hayes
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Marcus CEO Says Cinema Has Endured “Significant Shocks” Before; Grandfather “Built Business After TV Came Along”
The nation's fourth-biggest cinema chain Marcus Theatres saw revenue plunge and swing to the red in its most recent third-quarter earnings released Tuesday. It beat Wall Street forecasts, however, and emphasized its solid financials underpinned by the fact it owns most of its theaters.
Family-owned Marcus, based in…
Exhibitor Marcus Seeks “Contactless” Moviegoing When Theaters Open; CEO Notes People Breathe “A Little” But Mostly Sit Quietly At Shows
UPDATED with CEO comments from conference call, 9:09 AM: When its theaters open their doors, exhibitor Marcus Theaters will roll out a "low to no contact" experience for customers including a mobile app to buy concessions they can retrieve at a pickup location, executives said on a call Tuesday, laying out what the…
Marcus Theatres Cracks 1,000 Screens With Acquisition Of Movie Tavern From Privately Held Southern Theatres
Milwaukee-based exhibitor Marcus Theatres is paying $126 million to acquire Movie Tavern, a theater chain known for fine dining and luxury seating.
After the deal, Marcus will remain the No. 4 theater circuit in the U.S. but will exceed 1,000 total screens for the first time, reaching 1,098 screens in 90 locations…
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By Dade Hayes
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Fandango Inks Multi-Year Pact With Marcus Theatres — CinemaCon
Online movie ticket sales destination Fandango announced this morning that it will become the preferred online/mobile ticketing partner to Milwaukee-based theatrical exhibitor Marcus Theatres, comprising 685 screens. Adding Marcus, the fifth-largest exhib chain stateside, to its roster makes Fandango the largest…
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