News





Marcus to acquire MESCOP film buying business

Dec 10, 2012

Marcus Theatres signed an agreement to purchase MESCOP, Inc., a film buying and booking business located in Sussex, Wisconsin.

Under the agreement, Marcus Theatres will perform film buying services for 14 exhibitors with 75 screens at 20 locations in three Midwestern states. Services will include film buying, booking and other related responsibilities and management services.

Marcus Theatres currently books films for its 687 owned and managed screens, as well as an additional 146 screens operated by other owners. Including the MESCOP locations, Marcus will provide film buying services for a total of 908 screens.

MESCOP was founded in 1971 by Fred Florence. The company is currently operated by his son, James Florence, who will retire upon completion of the sale.

“These locations are a natural fit for us within our Midwestern footprint. We know the markets well and will utilize our programming expertise to meet the needs of these audiences,” said Jeff Tomachek, executive VP of Marcus Theatres.

James Florence said, “Marcus Theatres is a highly respected circuit that has been in business for more than 75 years. I know that my exhibitors and their customers will benefit from the experience of the Marcus Theatres film department and its well-established relationships with the film studios.”

The purchase is expected to close prior to year’s end. Terms of the transaction were not disclosed.


Marcus to acquire MESCOP film buying business

Dec 10, 2012

Marcus Theatres signed an agreement to purchase MESCOP, Inc., a film buying and booking business located in Sussex, Wisconsin.

Under the agreement, Marcus Theatres will perform film buying services for 14 exhibitors with 75 screens at 20 locations in three Midwestern states. Services will include film buying, booking and other related responsibilities and management services.

Marcus Theatres currently books films for its 687 owned and managed screens, as well as an additional 146 screens operated by other owners. Including the MESCOP locations, Marcus will provide film buying services for a total of 908 screens.

MESCOP was founded in 1971 by Fred Florence. The company is currently operated by his son, James Florence, who will retire upon completion of the sale.

“These locations are a natural fit for us within our Midwestern footprint. We know the markets well and will utilize our programming expertise to meet the needs of these audiences,” said Jeff Tomachek, executive VP of Marcus Theatres.

James Florence said, “Marcus Theatres is a highly respected circuit that has been in business for more than 75 years. I know that my exhibitors and their customers will benefit from the experience of the Marcus Theatres film department and its well-established relationships with the film studios.”

The purchase is expected to close prior to year’s end. Terms of the transaction were not disclosed.

More Cinemas

Studio Movie Grill announces coast-to-coast expansion

Studio Movie Grill is stretching to both coasts with new locations announced in Florida, Pennsylvania and California More »

Vue names Kevin Styles managing director for U.K. and Ireland

Vue Entertainment International appointed Kevin Styles to the newly created role of managing director for the U.K. and Ireland More »

Jody and Stan Reynolds to receive ShowEast Distinguished Service Award

Jody and Stan Reynolds will receive the 2014 Al Shapiro Distinguished Service Award at ShowEas More »

AMC Theatres spending $600M to add fully reclining seats

AMC Entertainment Holdings is spending $600 million to remodel its theatres with larger, fully reclining seats More »

ADVERTISEMENT



REVIEWS

Lucy
Film Review: Lucy

Drugs unleash the full potential of the brain with tragic results in Luc Besson's sci-fi adventure. More »

Magic in the Moonlight
Film Review: Magic in the Moonlight

Slight Woody Allen period romance is enlivened by appealing leads Colin Firth and Emma Stone. More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here