LYCOS RETRIEVER
Carmike Cinemas: United States
built 627 days ago
Carmike Cinemas Inc. (www.carmike.com) is a premiere motion picture exhibitor in the U.S. with 307 theatres and 2,469 screens in 37 states, as of Sept. 30, 2005. Carmike's focus for its theatre locations is small to mid-sized communities with populations of fewer than 100,000.
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Carmike Cinemas, Inc. is one of the largest motion picture exhibitors in the United States and owns, operates or has an interest in 270 theatres with 2,369 screens located in 37 states. Carmike targets small to mid-size markets for its theatre locations, and estimates more than 80% of its theatres are located in communities with populations of fewer than 100,000 people.
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As the 1990s began, Carmike's approach still ran contrary to that of its major competitors: While they were trying to become "leaner and meaner," Carmike was still looking for new turf. Consequently, the 154 existing screens the company acquired in 1990 came from two of its biggest rivals, Cineplex Odeon and United Artists. On top of that, 24 new screens were constructed. With nearly 1,000 total screens in about 175 different markets, Carmike was established as a major force in the movie theater industry. Meanwhile, Hollywood studios were emphasizing the kinds of films that Carmike's customers favored--action movies featuring big-name stars. The Rambo-type movies went over especially well at the many Carmike theaters located near military facilities.
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Not later than September 15, 1998, Carmike shall provide to counsel for the United States a report on the status of its compliance with this agreement. The report shall describe the changes which have been made. If any steps have not been completed, the report shall so indicate and explain why such steps have not been completed.
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