Landmark Theatres

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Landmark Theatres
Type Private
Predecessor(s) Parallax Theatres
Founded 1974
Founder(s) Kim Jorgensen
Headquarters Los Angeles, California
Number of locations 53 theatres (2012)
Area served United States
Owner(s) 2929 Entertainment
(Todd Wagner, CEO)

Landmark Theatres is the largest art house movie theater chain in the United States. It is owned by Mark Cuban and Todd Wagner through their 2929 Entertainment. The chain shows mostly first run independent, foreign film, and restored classics though some Landmark theaters also show more mainstream movies. The chain occasionally shows digital movies on digital projectors in place at most theaters. The theaters are also known for selling gourmet concession stand offerings such as gourmet coffee, espresso drinks, fresh-baked goods, imported chocolate and candy offerings. It has its headquarters in Los Angeles, California.[1]

Landmark Theatres (originally Parallax Theatres) was founded in 1974 by Kim Jorgensen. The first theater acquired by the chain was the Nuart Theatre in Los Angeles. Jorgensen hired Steve Gilula and Gary Meyer in 1976, who later became stockholders, with the acquisition of the UC Theater in Berkeley, California. In the 1980s, Landmark acquired Santa Fe-based Movies, Inc. and Seattle-based Seven Gables. In the 1990s, Landmark Theatres was acquired by The Samuel Goldwyn Company. Landmark Theatres continued to grow throughout the 1990s and developed multiplex theatres of its own in San Francisco; Cambridge, Massachusetts; St. Louis; Minneapolis; Chicago; New York City; Atlanta; Indianapolis; and the largest one on Pico Boulevard in Los Angeles. Jorgensen later became a movie producer, selling out his interest in Landmark in 1989. Gilula and Meyer sold their interest in 1995.

Two story theater with a large tower that says "UPTOWN"
Uptown Theater in Minneapolis

In March 2007, the group took over ownership of three Ritz theaters in Philadelphia. A Landmark Theater opened in downtown Baltimore's Harbor East neighborhood in November 2007. Landmark Theatres presently operates about 57 theaters in 15 states and the District of Columbia. Atlanta's Landmark Midtown Art Cinema serves as the official venue for the Atlanta Film Festival and Atlanta's gay film festival, Out on Film. In 2007, Landmark opened a flagship theater complex at Westside Pavilion in Los Angeles, California that includes "Living Room" brand auditoriums. The "Living Room" concept features smaller capacity theaters (30-50 people) with sofas, ottomans, side-tables and other home-like amenities.[2]

In April 2011, Cuban placed Landmark Theatres up for sale, but he added that he wouldn't sell the company unless the offer was "very, very compelling."[3]

Locations[edit]

Silver Cinemas[edit]

Landmark Theatres also owns an eight-theater chain, Silver Cinemas, which primarily shows second-run movies. As of 2012, there are eight Silver Cinemas in the United States with 55 screens.

References[edit]

  1. ^ "Contact Us." Landmark Theatres. Retrieved on December 4, 2009.
  2. ^ Hawthorne, Christopher (2007-06-01), "Make Believe it’s Your Living Room", Los Angeles Times: E1, retrieved 2008-10-28 
  3. ^ Dallas Business Journal. Retrieved on April 20, 2011.

External links[edit]