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Tag Archives: business

Carmike Cinemas Reports 2016 Second Quarter Operating Revenue of $204.7 Million

Carmike Cinemas

Carmike Cinemas, a leading entertainment, digital cinema, alternative content and 3-D motion picture exhibitor, today reported results for the three and six-month periods ended June 30, 2016, as summarized below. SUMMARY FINANCIAL DATA (unaudited) Three Months Ended June 30 Six Months Ended June 30 (in millions) 2016 2015 2016 2015 …

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‘Twilight’ Studio Bought By Lionsgate

Lionsgate and Summit Entertainment today announced that Lionsgate has completed a transaction to acquire Summit for a combination of cash and stock valued at $412.5 million. The transaction unites two leading studios with powerful brands and complementary assets, solidifying Lionsgate’s position as the world’s largest and most diversified independent entertainment company.  By …

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