Carmike Cinemas, Inc. operates as a motion picture exhibitor in the United States. As of December 31, 2013, the company owned, operated or had an interest in 252 theatres with 2,660 screens located in 37 states. Theatres The company’s majority of theatres are equipped to provide digital cinema and as of December 31, 2013, the company had 240 theatres with 2,552 screens on a digital-based platform. In addition, the company had 233 theatres with 983 screens equipped for 3-D, as of December 31, 2013. At December 31, 2013, the company operated 15 theatres with 107 screens as discount theatres. Film Licensing The company obtains licenses to exhibit films by directly negotiating with film distributors. The company licenses films through its booking office located in Columbus, Georgia. Relationship with Distributors The company’s major distributors include Walt Disney Studios Motion Pictures, 20th Century Fox, Paramount, Sony Pictures Entertainment, Universal, Warner Brothers, Relativity Media, The Weinstein Company and Lions Gate Features. Digital Cinema The company executed a Master License Agreement with Christie/AIX (Christie) in 2005. This agreement calls for Christie to license and install up to 2,300 digital cinema projection systems in its theatre auditoriums. A of December 31, 2013, the company had 240 theatres with 2,552 screens on a digital-based platform, and 233 theatres with 983 screens equipped for 3-D. Seasonality Typically, movie studios release films with the highest expected revenues during the summer and the holiday period between Thanksgiving and Christmas, causing seasonal fluctuations in revenues. In addition, in years where Christmas falls on a weekend day, its revenues are typically lower because its patrons have shorter holiday periods away from work or school. Trademarks and Trade-Names The company owns Carmike Cinemas and Hollywood Connection, the Carmike C and its film strip design, Big D, Carmike Rewards, Ovation Club, Muvico, MuviXL, and Wynnsong Cinemas trademarks. In addition, its logo is its trademark. Significant Events Carmike Cinemas Inc. announced the opening of the new Chantilly 13 entertainment complex featuring the BigD premium experience in Montgomery, Alabama (10477 Chantilly Parkway) in July 2014. History Carmike Cinemas, Inc. was founded in 1982.
carmike cinemas inc (CKEC:NASDAQ GS)
1301 First Avenue
Columbus, GA 31901
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