Celluloid Junkie » Landmark Theatres

The stereotype of the immigrant Indian convenience store worker that has kept Apu employed at the Kwik-E-Mart for the past 17 years on ‘The Simpsons‘ may soon have to be changed to that of the immigrant Indian concession stand employee. Recently, the Indian cinema chain Pyramid Saimira Theatre announced it had purchased FunAsia, a Texas-based 17 screen circuit. On Monday, their competitor Adlabs Films announced that it would take over operations for “several existing cinema properties” in the United States accounting for 200 screens in 28 cities.

Adlabs is one of India’s largest entertainment corporations producing and distributing both film and television in addition to a thriving post production business. Adlabs Cinemas is the company’s exhibition subsidiary and operates 112 screens in 37 theatres.

There was little information about the deal other than a few blurbs found online and this post on IndianTelevision.com. Read More »

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Landmark Theatres’ chief operating officer Ted Mundorff has been promoted to the post of CEO, putting him in charge of the 58 properties in 28 US markets. From Variety article:

Former CEO Bill Banowsky will continue to develop business opportunities for Landmark.

For the past year, Mundorff has helped oversee Landmark’s expansion, including the opening of flagship theater, the Landmark, on the Westside. All told, the circuit has increased its screen count by 19% in the past 12 months.

Mundorff was instrumental in the opening last month of Landmark’s newest theater in Baltimore’s Inner Harbor. Slated to open in December is the Landmark Greenwood Village in the Tech Center of Denver.

No word on digital, which Landmark has been growing in their own unique way for the past few years, but Mundorff did get in place a big media deal with Samsung.

Popularity: 11% [?]

Tag Archives: Landmark Theatres

Adlabs Expands Into U.S. With 200 Screens

Landmark Cinema’s COO Goes CEO