NEW YORK, Dec. 21, 2016 /PRNewswire/ -- Screenvision
Media, a national leader in cinema advertising, today announced
that upon the closing of the AMC Entertainment Holdings, Inc.
(NYSE: AMC) acquisition of Carmike Cinemas (NASDAQ: CKEC), AMC
will become a significant Screenvision Media exhibitor partner
through its equity stake in the company as well as through a
transfer of screens to the Screenvision Media exhibitor
network.
Upon closing, Screenvision Media's network footprint will expand
to 14,795 screens, inclusive of 384 screens through the required
transfer of AMC locations per the Department of Justice's approval
of the acquisition. The result bolsters Screenvision Media's
network within key DMAs such as Atlanta, Chicago, Dallas, Los
Angeles and San Francisco.
"We thank our friends at Carmike Cinemas for their valued
contributions to both our company's growth over the past many years
as well as to our Board," said John
Partilla, CEO, Screenvision Media. "We look forward to
continuing that relationship now with AMC through its Carmike
acquisition and are excited about the numerous prospects that lie
ahead. With the addition of these new screens in key U.S.
advertising markets, Screenvision Media will offer its innovative
pre-show and Connected Cinema experience to even more
moviegoers."
"It has been a pleasure to work with the Carmike Cinemas team as
they have been a significant force in growing and improving the
quality of our exhibitor network," said Darryl Schaffer, EVP, Operations & Exhibitor
Relations, Screenvision Media. "The AMC team will be instrumental
to Screenvision Media as we roll out our new programming and
technologies over the coming years and bring new solutions to all
of our distinguished exhibitor partners."
ABOUT SCREENVISION MEDIA
Headquartered in New York,
N.Y., Screenvision Media is a national leader in cinema
advertising, offering on-screen advertising, in-lobby promotions
and integrated marketing programs to national, regional and local
advertisers and providing comprehensive cinema advertising
representation services to top tier theatrical exhibitors
presenting the highest quality moviegoing experience. The
Screenvision Media cinema advertising network is comprised of over
14,300 screens in 2,300+ theater locations across all 50 states and
94% of DMAs nationwide; delivering through more than 150 theatrical
circuits, including 6 of the top 10 exhibitor companies. For more
information: http://screenvisionmedia.com/.
Media Contacts:
Kate Carver – Olson Engage
212.656.9148
Kcarver@olson.com
Rachael Morrison – Olson
Engage
212.656.9149
Rachael.morrison@olson.com
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SOURCE Screenvision Media