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On March 4, 2016, AMC Theatres announced its intent to acquire Carmike Cinemas. The deal was closed on December 21, 2016; Carmike locations were converted to the AMC brand in 2017, with the Carmike logo and slogan being repurposed for the new AMC Classic banner (which was adopted by smaller AMC locations with fewer premium amenities). [3]
It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market, ahead of Regal Cinemas and Cinemark Theatres. After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. [3]
Alliance Cinemas – after selling its BC locations, it now operates only one theater in Toronto; Cinémas Guzzo – 10 locations and 142 screens in the Montreal area; Cineplex Cinemas – Canada's largest and North America's fifth-largest movie theater company, with 162 locations and 1,635 screens
Margins matter. The more Carmike Cinemas (NAS: CKEC) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
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ExploreAsheville.com Arena [1] (formerly the "Asheville Civic Center Arena" from 1974–2011) is the main arena/venue of the civic center. It holds 7,674 guests. Thomas Wolfe Auditorium (originally the "Asheville City Auditorium" from 1940 to 1975) is a horseshoe-shaped theatre located to the north of the arena.
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