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Boxoffice-March.2000

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EXHIBITION<br />

BRIEFINGS<br />

LEAD STORY: MANN ALIVE<br />

WF Cinema Holdings (formerly known as<br />

Cinamerica Theatres), an affiliated partnership<br />

between entertainment giants Viacom<br />

Inc. and Warner Bros., has announced its<br />

official acquisition of assets to Mann<br />

Theatres parent company WestStar Cinemas.<br />

Encino, Calif.-based WestStar, which recently<br />

filed for Chapter 11 bankruptcy (see<br />

Exhibition Briefings, November 1999), originally<br />

purchased the 357-screen Mann<br />

Theatres circuit in late 1997 from<br />

itself Cinamerica, a joint venture between<br />

Warner Bros, and Paramount Pictures. A<br />

Delaware bankruptcy court gave rival bidders<br />

until<br />

last January 4 to submit an offer of<br />

at least $95 million for Mann. However, as<br />

expected, no bids higher than WF Cinema<br />

Holdings $91 million were submitted.<br />

A RISING CINEMASTAR<br />

San Diego,<br />

Calif.-based<br />

CinemaStar<br />

Luxury Theaters<br />

has added<br />

another multiplex<br />

to its<br />

eight-strong<br />

arsenal of cinemas<br />

located<br />

throughout<br />

Southern<br />

California and<br />

Mexico. The<br />

CinemaStar<br />

20-plex in San<br />

Bernadino,<br />

Cal iforn ia,<br />

CinemaStar co-CEO Paul Hobby, wh ich features<br />

stadium<br />

seating and LucasFilm THX stereo surround<br />

in all auditoriums, bowed last December.<br />

In addition to the opening of its latest<br />

build, the circuit has also announced the<br />

appointment of Paul W. Hobby to the company's<br />

board of directors. Hobby, who<br />

presently serves as CEO and chairman of<br />

venture fund company Hobby Media<br />

Services, has also been designated co-chief<br />

executive officer of CinemaStar. He, along<br />

with company CEO Jack Crosby, will head<br />

the circuit.<br />

GOODRICH GOES TO OXFORD<br />

Grand Rapids, Mich. -based Goodrich<br />

Quality Theaters has announced the opening<br />

of its latest venue in Oxford, Michigan.<br />

Renovated from a three-plex to a sevenscreener,<br />

the cinema will provide stadiumstyle<br />

seating to more than 900 patrons with<br />

DTS 6-Track digital and Dolby digital stereo<br />

surround sound available in all auditoriums.<br />

The new theatre plans to run special promotions,<br />

including the circuit-wide standard of<br />

free drink refills and 25 cents popcorn refills<br />

as well as complimentary matinees during<br />

NATO REGIONAL NEWS<br />

GENEVA CONVENTION CONFIRMED AS AN ANNUAL EVENT<br />

NATO of Wisconsin and Upper Michigan has announced that the organization's Geneva<br />

Convention is going to become an annual event. "We were extremely pleased with the<br />

attendance and comments about the first convention, so it was decided to make the<br />

Geneva Convention an annual event," Bruce J. Olson and Larry Hanson, co-chairs of<br />

the event said.<br />

An overwhelming success, the first annual NATO Geneva Convention held at the Grand<br />

Geneva Resort and Spa in Lake Geneva, Wisconsin on September 28, 29 and 30, 1999<br />

attracted over 500 attendees from across the country. In 2000, the Geneva Convention<br />

will again be held at the Grand Geneva on September 26, 27 and 28. For 2001, the<br />

dates will be September 11 , 12 and 13. "Events at the 2000 convention will include a<br />

golf tournament to raise funds for Variety Club Children's Charities, screenings of major<br />

new Hollywood releases, a trade show with more than 100 vendors, many interesting<br />

and informative seminars as well as some exciting surprises," Hanson and Olson said.<br />

For further information, contact NATO of Wisconsin and Upper Michigan at (262) 532-<br />

0017 or write to: NATO Geneva Convention, P.O. Box 146, Sussex, Wl 53089.<br />

—Contributed by Paul I. Rogers, president, NATO of Wisconsin and Upper Michigan<br />

CATO'S PHILANTHROPY<br />

The Connecticut Association of Theatre Owners will provide $250,000 over the next 10<br />

years for the care of children being treated in regional pediatric specialty clinics jointly<br />

operated by the Department of Pediatrics at the Yale University School of Medicine and<br />

Yale-New Haven Children's Hospital.<br />

Movie theatre owners will raise the funds through special showings and premieres of films,<br />

a "wishing well" program and other activities at participating theatres throughout<br />

Connecticut.<br />

"CATO has made a long-term commitment to help the children of Connecticut through its<br />

support of these pediatric specialty clinics," said Milt Daly, president of CATO and senior<br />

executive VP and CEO of South Norwalk, Conn.-based Crown Theatres. "This is an<br />

enhancement of one of our committed goals of increasing CATO's philanthropy."<br />

The pilot activity for the efforts was the recent limited showing of "Star Wars—Episode I:<br />

The Phantom Menace," which raised $20,000. The blockbuster "Star Wars" film was<br />

returned to theatres early in December by LucasFilm and 20th Century Fox specifically for<br />

the purpose of helping to raise funds for children's programs throughout the country.<br />

— Contributed by Steve Could, Connecticut Association of Theatre Owners<br />

Regional NATO offices, send your news clips to:<br />

BOXOFFICE, 155 S. El Molino Ave., Suite 100<br />

Pasadena, CA 91101<br />

Attn: Regional News<br />

the spring and fall for a total of 1 8 weekends<br />

over the year. Goodrich's Matthew Johnson<br />

notes that the free screenings are the circuit's<br />

way of saying "'thank you' to the communities<br />

in which we operate."<br />

SECOND QUARTER AT MARCUS<br />

Milwaukee, Wise-based Marcus Corporation,<br />

parent company of Marcus<br />

Theatres, reports that total revenue for the<br />

second quarter of fiscal 2000 was up two<br />

percent to $80.2 million in comparison with<br />

last year's figure. In addition, operating<br />

income before depreciation and amortization<br />

was recorded at $19.7 million, down<br />

from second quarter 1998's $21.1 million,<br />

while net earnings tumbled slightly from last<br />

year's $5.9 million, or 20 cents per diluted<br />

share, to this year's $5.6 million, or 1<br />

9 cents<br />

per diluted share.<br />

During the 13-week period, Marcus<br />

Theatres announced plans to add 77 additional<br />

screens to bring its<br />

end of 2000.<br />

total to 500 by the<br />

LOEWS AND BEHOLD<br />

Also unveiling its fiscal results is New<br />

York City-based Loews Cineplex<br />

Entertainment, which has reported its<br />

results<br />

for the quarter ending last November 30.<br />

Revenue for the company fell slightly fron<br />

last year's $211.4 million to $209.3 million<br />

Earnings before taxes, depreciation anc<br />

amortization was $26.2 million, comparer,<br />

to $30.7 million a year ago, while net los!<br />

totaled $23.8 million, or 41<br />

cents per share<br />

in comparison to $12.1 million, or 21 cent;<br />

per share, in 1 998. According to Loews pres<br />

ident and CEO Lawrence Ruisi, the compa<br />

ny's less-than-stellar quarter is<br />

attributable tc<br />

"a decrease in attendance at our older the<br />

atres and an unfavorable allocation in ou<br />

theatres in Canada, which may occur fron<br />

time-to-time based on historical exhib<br />

itor/distributor relationships."<br />

OBITUARY<br />

Jack Grossman, president of Holida<br />

Theaters Inc., died January 4 at his home<br />

Encino, California. His career in motion pic<br />

ture exhibition began in the 1940s at tb<br />

Sherman Theatre in Sherman Oaks<br />

California. Throughout his career, Grossma:<br />

established himself as one of Souther<br />

California's premiere independent exhifc<br />

itors, with theatre locations in Burbank, Va<br />

Nuys, Canoga Park, Thousand Oaks an*<br />

Lancaster. He is survived by his wife Ester<br />

well as his daughter, grandchildren an<br />

grandchildren.<br />

42 BOXOFFICE

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