Rave Cinemas

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Rave Cinemas, LLC
Type Private
Industry Entertainment - Theaters
Founded 1999 - Dallas, Texas, USA
Founder(s) Thomas W. Stevenson, Jr.
Headquarters Dallas, Texas, USA
Key people Rolando B. Rodriguez, President & CEO
Peter A. Nelson, Executive Vice President & COO
Arthur Starrs III, Executive Vice President & CFO
Parent Cinemark Theatres
Subsidiaries Rave Cinemas

Rave Cinemas, formerly known as "Rave Motion Pictures," often called Rave and owned by Cinemark Theatres, is a movie theater brand founded in 1999. It is formerly headed by Thomas W. Stephenson, Jr., former CEO of Hollywood Theaters, and was headed by Rolando B. Rodriguez, former Vice President and Regional General Manager for Walmart in Illinois and northern Indiana. The chain was headquartered in Dallas, Texas until it was acquired by Plano-based Cinemark Theatres.

Rave Cinemas, LLC was formed in late 2009 by TowerBrook Capital Partners and investors Lambert Media Group and Charles B Moss, Jr. Rave Cinemas then acquired four properties, corporate infrastructure and leadership, and the Rave Motion Pictures brand from Boston Ventures owned Rave Reviews Cinemas, LLC (RRC). RRC continues to own 21 other properties which will operate under the "Rave Motion Pictures" branding under a management services agreement with Rave Cinemas, LLC. Concurrently with the RRC acquisition, Rave Cinemas, LLC, purchased the business operations and real estate of 35 properties owned by National Amusements, Inc. (NAI), parent company of Viacom and CBS Corporation. The former NAI assets were rebranded "Rave Motions Pictures" in the second quarter of 2010.

In October 2012, Rave Reviews Cinemas, LLC, signed an agreement to sell 16 theaters with 251 screens to Carmike Cinemas for $19 million in cash and $100.4 million of assumed lease obligations. Of the 16 theaters being acquired, six are in Alabama, four in Florida, two in Indiana, and one each in Illinois, Pennsylvania, Tennessee and Texas.[1] Before the sale Rave owned or managed 62 theaters and 939 screens located in 21 states across the country.

As of November 2012, Cinemark has entered into an agreement to purchase 32 Rave Cinema locations for $240 million. The sale is subject to antitrust approval. Only 2 locations will remain under the Rave Cinemas umbrella after the Cinemark sale is complete, however there much speculation within the industry that these remaining 2 locations will either be sold or shuttered.[2]

On November 27, 2012, AMC Theatres entered into an agreement to purchase 4 Rave Review Cinemas, LLC theaters not purchased by Carmike Cinemas, Cinemark or Starplex. Of the 4 theaters being acquired, two in Louisiana, and one each in Alabama and Florida.[3]

On January 4, 2013, AMC Theatres entered into another agreement to purchase 6 more Rave Cinemas theaters not purchased by Carmike Cinemas, Cinemark or Starplex. Of the 6 theaters being acquired, 2 in Ohio, 1 in North Carolina, 1 in Nevada, 1 in Nebraska and 1 in California.

On May 10, 2013, Starplex Cinemas bought Berlin 12 located in Kensington, CT from Rave Cinemas.

On May 29, 2013, The Sale of Rave Cinemas to Cinemark Theatres was complete with the exception of Pittsburgh North 11 in Pittsburgh, PA and Southington 12 in Southington, CT. These theatres not bought by Cinemark are very likely to be sold or closed very soon as these theatres have not yet replaced all 35mm projectors with Digital projectors. Cinemark is also required to sell 3 theatres in Louisville KY, southern New Jersey and Hickory Creek TX or Denton TX due to the purchase of Rave Cinemas. In addition, Cinemark's chairman Lee Roy Mitchell must also divest Movie Tavern Inc.

The company also owned "Rave Digital Media" along with Continental Retail Development, with headquarters in Columbus, Ohio, and operated six properties under the "Rave Digital Media" brand. The Rave Digital Media brand was sold to AMC Theatres on January 4, 2013.

Contents

Amenities and features[edit]

Most theaters features multiple concession stands, arcade games, online and kiosk ticketing, and a futuristic environment with special lighting, LCD menu and film trailer displays, and some have a stylized special event room.

Every auditorium in Rave built theaters features the following:

  • DLP Cinema Projection
  • DTS digital surround sound
  • Stadium seating
  • Reclining seat backs
  • Oversized luxury reclining seats
  • Retractable arm rests / cup holders / tray tables
  • 18 inch rise to each row (to promote clear line-of-sight)
  • 48 inches of excess space between each row (to add additional leg room)

In addition, large auditoriums often feature two-floor exits with central seating for patrons with physical disabilities and elevator access. Several of the theaters are also equipped with Real D 3D cinema systems. Each newly opened building is completely digital in picture and sound.

Properties acquired from National Amusements may not have all of the features or designs listed above.


Rave and Christie Digital[edit]

In June 2006, Rave Motion Pictures announced a partnership with Christie/AIX to install 445 digital cinema systems in its theaters.[4] Several Rave theaters (including theaters in Peoria, Illinois and Huntsville, Alabama) already have Christie systems installed; a full conversion of existing theaters was completed in August 2007.[5] When Rave Cinemas acquired some theaters from National Amusements in Late 2009 and Early 2010, they used Barco projectors instead of Christie. With Rave Cinemas now owned by Cinemark, the Christie projectors will be removed and replaced with Barco projectors. At AMC Theatres, the Christie projectors (Barco projectors at Grove City 14) were removed and replaced by Sony 4K Digital Cinema except for the largest screens.

Rave Theater locations[edit]

(Including those being purchased by CINEMARK. Those recently purchased by CARMIKE, AMC Theaters and Starplex are marked)

Alabama[edit]

All of the theaters in Alabama except for Festival Plaza 16 in Montgomery were bought by Carmike.

The Festival Plaza 16 was bought by AMC Theatres.

Arkansas[edit]

California[edit]

Connecticut[edit]

All theatres in Connecticut were acquired from National Amusements in 2009.

Florida[edit]

All of the theaters in Florida except for Destin Commons 14 in Destin were bought by Carmike.

The Destin Commons 14 was bought by AMC Theatres.

Illinois[edit]

  • Grand Prairie 18 - Peoria (Bought by Carmike)

Indiana[edit]

All of the theaters in Indiana were bought by Carmike.

Iowa[edit]

  • Davenport 53 18 - Davenport, from National Amusements in 2009.

Kentucky[edit]

  • Florence 14 - Florence (acquired from National Amusements)
  • Stonybrook 20 + IMAX - Louisville (acquired from National Amusements)
  • Preston Crossings 16 - Okolona (acquired from National Amusements)

Louisiana[edit]

All of the theaters in Louisiana were acquired by AMC Theatres.

Massachusetts[edit]

  • Eastfield 16 - Springfield - acquired from National Amusements in 2009.
  • West Springfield 15 - West Springfield - acquired from National Amusements in 2009.

Michigan[edit]

  • Flint West 14 - Flint (acquired from National Amusements December 2009)
  • CityPlace 14 - Kalamazoo (closed by Rave, acquired by Alamo Drafthouse)[6]
  • Ann Arbor 20 - Ypsilanti (acquired from National Amusements December 2009)

Nebraska[edit]

  • Rave Digital Media Westroads 14 - Omaha (November 14, 2008) (Bought by AMC Theatres)

Nevada[edit]

New Jersey[edit]

  • Hazlet 12 - Hazlet (Acquired from National Amusements - Dec. 2009)
  • Ritz Center 16 - Voorhees (Acquired from National Amusements - Dec. 2009)

North Carolina[edit]

  • Rave Digital Media - Durham Southpoint 17 + IMAX - Durham (Feb. 2012) (Bought by AMC Theatres)

Ohio[edit]

  • The Greene 14 - Beavercreek (December 2009 - from National Amusements)
  • Western Hills 14 - Cincinnati (December 2009 - from National Amusements)
  • Polaris 18 - Columbus (August 2005)
  • Huber Heights 16 - Huber Heights (December 2009 - from National Amusements)
  • Milford 16 - Milford (December 2009 - from National Amusements)
  • Fallen Timbers 14 - Maumee (opened October 2007, acquired December 2009 from National Amusements)
  • Levis Commons 12 Perrysburg (Opened October 2005, acquired December 2009 from National Amusements)
  • Franklin Park 16 - Toledo (acquired December 2009 from National Amusements)
  • Rave Digital Media West Chester 18 - West Chester Township (June 27, 2003) (Bought by AMC Theatres)
  • Dayton South 16 - West Carrollton (December 2009 - from National Amusements)
  • Rave Digital Media Grove City 14 - Grove City (November 2011) (Bought by AMC Theatres)

Pennsylvania[edit]

  • Promenade 16 - Center Valley (Allentown) (December 15, 2006) (Bought by Carmike)
  • Pittsburgh North 11- Wexford (Pittsburgh) (December 2009 - from National Amusements) (Not bought by Cinemark Theatres)
  • University City 6- Philadelphia (December 2009 - formerly National Amusements The Bridge)

Tennessee[edit]

Texas[edit]

Virginia[edit]

  • Centreville 12 - Centreville, from National Amusements in 2009.
  • Fairfax Corner 14 - Fairfax, from National Amusements in 2009.

References[edit]

  1. ^ "Carmike Cinemas to buy 16 theaters from Rave Review Cinemas" (Press release). 
  2. ^ http://www.variety.com/article/VR1118062393.html?cmpid=RSS%7CNews%7CFilmNews
  3. ^ http://www.investor.amctheatres.com/releasedetail.cfm?ReleaseID=723242
  4. ^ "Rave Motion Pictures Commits 445 Screens To Christie/AIX Deployment Plan" (Press release). Rave Motion Pictures. June 2006. Retrieved 2006-11-08. 
  5. ^ "Rave Motion Pictures becomes United States’ Largest Exhibition Chain to go to 100% Digital Projection" (Press release). Rave Motion Pictures. August 20, 2007. Retrieved 2007-09-10. 
  6. ^ http://www.mlive.com/news/kalamazoo/index.ssf/2013/03/alamo_drafthouse_cinemas_ceo_t.html

External links[edit]

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