Steve Bunnell has scored an exec job coveted by many in exhibition, from what I’ve been told: He’s been hired as EVP Content Strategy at Marcus Theatres. What Bunnell brings to the exec position is his years of working in both distribution (at Universal) and exhibition. He’ll lead the programming of new releases, alternative content,
Marcus Theatres
Marcus, the fourth largest U.S. movie chain, said a trickle of films for the three months ended in September impacted earnings but were offset by the recovered Marcus Hotel & Resorts, which surpassed pre-pandemic revenues. Both businesses were up from last year but theaters saw a slowdown from Q2 to Q3. “This not only highlights
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 and lunch too.” The
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 release. “We talk to
Greg Marcus, CEO of Marcus Corp., was shocked when Arclight Cinemas and Pacific Theaters 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 productive nationally
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 theatres. Family-owned Marcus, based in Milwaukee, owns or operates 1,110 screens at
Marcus Corp, which owns the nations fourth largest movie chain as well as restaurants, hotels and resorts, swung to a loss last quarter, hit by theater closures and one-time charges. A net loss of $19.3 million compared with a $1.8 million profit the year before. Revenue dipped 6.2% to $159 million The company cited nonrecurring