![]() A majority of the theatres have beer and wine service, as well as on-site entertainment centers, party rooms and conference facilities. complexes, furthering our entry into the full-service food and beverage arena. “The acquisition also will bring two Bogart’s Bar & Grill restaurants to our circuit at the Thousand Oaks, Calif. We expect limited incremental maintenance capital expenditures on these acquired facilities over the near-term. “Similar to Carmike, Muvico is a cinema technology leader and industry pioneer, with recent capital expenditures for digital projection system upgrades, IMAX and MuviXL large format screens, installations of cutting-edge sound, reserved seating and ticket kiosks, as well as additional facility enhancements. Consistent with Carmike’s stated acquisition criteria, this transaction presents a number of operational and cost synergy opportunities. Carmike Cinemas’ President and Chief Executive Officer David Passman stated, “This opportunistic acquisition of nine premium properties in three states will further increase our revenue and operating base and represents another excellent opportunity to expand our platform in attractive, complementary markets. ![]() A reconciliation of net income to pro forma EBITDA (a non-GAAP measure) is included below. The acquisition is projected to add incremental revenue of $68 million and, after general and administrative synergies, pro forma EBITDA of $5.4 million to Carmike’s financials for the trailing twelve month period ended August 31, 2013. Upon closing, Carmike’s theatre portfolio will increase to 257 theatres with an aggregate of 2,681 screens in 37 states. The transaction is expected to close in the fourth quarter of 2013. All assets and obligations being acquired are subject to customary accounting adjustments to reflect acquisition date fair value as well as the reclassification of certain lease related obligations. (dba Muvico Theaters) for $31.75 million in cash. (NASDAQ:CKEC), a leading entertainment, digital cinema and 3-D motion picture exhibitor, announced today the signing of a definitive agreement to purchase nine entertainment complexes with an aggregate of 147 screens located in Florida, California and Illinois from Muvico Entertainment, L.L.C. & FORT LAUDERDALE, Fla.-( BUSINESS WIRE )- Carmike Cinemas, Inc. Acquired Theaters Include Two Bogart’s Bar & Grill Restaurants, Two IMAX and Two MuviXL Large Screen Auditoriums -ĬOLUMBUS, Ga. Expect the usual side stories and anecdotes.Carmike Cinemas to Acquire Nine Entertainment Complexes with 147 Screens from Muvico Theaters Well-pressed double LP either at GZ or Precision. CD 4 features Bacharach songs Costello recorded throughout his career beginning with "I Just Don't Know What to Do With Myself" from the 1977 release Live Stiff that signaled to fans of My Aim is True that this guy was not beholden to the "new wave/punk" image conjured up by his record company.īrilliantly produced by Costello and Steve Berkowitz, with deluxe packaging and exceptional Bob Ludwig and Ryan Smith mastering. A 3rd CD titled Because It's a Lonely World-Live contains live collaborations between Costello and Steve Nieve recorded around the world. ![]() There are also 4 CDs, one each for Painted. Side 4 contains selected songs from the never fully realized Bacharach/Costello musical Taken From Life performed by various artists including Cassandra Wilson and Bill Frisell, Audra Mae and of course Bacharach and Costello. The set includes a double LP containing the Painted From Memory collaboration spread to 3 sides. ![]() Rather than writing the usual written review of this extensive, well-produced and brilliantly curated set, I chose a video review to better show the box and associated records. A Box Set That Delivers Well Beyond the Expected Enhanced Version of the Classic Collaboration A video review of a brilliantly curated and executed compilation ![]()
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