Carmike’s Christmas present was the announcement by Mark Cuban that he acquired 9.4% of the company. His acquisition of shares was handled without discussion with Carmike’s management. Cuban’s motivation was transparent: Carmike has over 2000 digital cinema screens, the largest number of 2K digital screens of any exhibitor in the world,
Archives for January 2009
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Screenvision stepped up to the plate in January with the transmission of President Obama’s inauguration to 27 theatres. While Screenvision had the capability of broadcasting the event to 200 sites, MSNBC opted to limit it to the smaller number. This was the first time such an event was presented