SCREENVISION MEDIA CONTINUES CINEMA NETWORK EXPANSION WITH ADDITION OF GALAXY THEATRES

More than 140 new screens pushes Screenvision’s network to over 13,500; Screenvision’s Marquee Position now at more than 7,400 screens.

Screenvision Media, a national leader in delivering comprehensive premium video advertising and content representation services for top-tier cinema exhibitors, e-gaming platforms and select sports and music venues, today announced the addition of Galaxy Theatres to the company’s expansive cinema network.

“We believe that Screenvision Media is the foremost destination for the country’s exhibitors as our advertising partners continue flocking back to connect with the highly elusive moviegoing audience,” said Darryl Schaffer, Screenvision Chief Partnership Officer. “Our new relationship with Galaxy reflects Screenvision’s resounding rebound in a post-pandemic environment along with our healthy capital structure and growing profitability.”

Screenvision’s relationship with Galaxy includes 12 theatres and 142 screens in major markets such as Los Angeles, Dallas, Seattle and Austin. With the addition of Galaxy, Screenvision’s network now covers more than 13,500 screens with its coveted Marquee Positioning spanning more than 7,400 screens. Marquee, typically reserved for high-profile advertisers featuring cinema-quality creative, has become increasingly sought after for brands to deliver long-form and attention-grabbing spots.

“Galaxy selected Screenvision as our cinema advertising partner because of their collaborative approach and commitment to delivering important and incremental revenue for our business,” said Rafe Cohen, President, Galaxy Theatres. “We were impressed with the depth of relationships they maintain with exhibitors and the opportunity to partner together on elevating our business even further.”

About Screenvision Media
Headquartered in New York, N.Y., Screenvision Media is a national leader in delivering comprehensive advertising and content representation services for top-tier cinema exhibitors, sports venues, e-gaming platforms and other live events and venues. The Screenvision Media cinema advertising network comprises 13,500 screens in 2000+ theatre locations across all 50 states and 94% of DMAs nationwide; delivering through more than 150 theatrical circuits, including 7 of the top 10 exhibitor companies.

About Galaxy Theatres
Galaxy Theatres, LLC (galaxytheatres.com) is a fully integrated movie theatre company. Privately owned, it currently has theatres in Arizona, California, Nevada, Texas, and Washington. Formed in 1998, its focus is to develop and operate high impact, state-of-the-art movie entertainment theatres in select markets of the Western United States. For more information, visit galaxytheatres.com.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Read More

IMAX Swings to Another Super Opening With $20 Million Global Debut for “Spider-Man: Across the Spider-Verse”

IMAX Corporation (NYSE: IMAX) catapulted to a $20 million debut for Sony Pictures' "Spider-Man: Across the Spider-Verse" at the global box office this weekend. In a sign of the surging popularity of animation across the IMAX global network, the stellar sequel delivered the second biggest animated opening of all time in IMAX —missing the record set only two months ago by just $1 million.
Read More

CJ 4DPLEX and EVT Expand 4DX Footprint in Australia with Three New Theaters

CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, and EVT, owners of Event Cinemas, the largest movie exhibitor in Australia and New Zealand, announced today they have broadened their partnership to bring more 4DX theatres to Australia. This expanded deal will bring three additional 4DX theaters to the country, with two set to open before Christmas 2024 at Event Cinemas Castle Hill, NSW, and Event Cinemas Innaloo, Western Australia, with a third location opening next year.
Read More

VICE Media Group Enters Into Purchase Agreement with Lender Consortium

VICE Media Group today announced that it has agreed to the terms of an asset purchase agreement ("APA") with a consortium of its lenders (the "Lender Consortium"), pursuant to which the Lender Consortium has agreed to purchase the Company, subject to higher and better bids from other parties and to the terms of the APA. The Lender Consortium includes Fortress Investment Group, Soros Fund Management and Monroe Capital, and has agreed to provide total purchase consideration of approximately $225 million in the form of a credit bid for substantially all of the Company's assets, in addition to the assumption of significant liabilities upon closing.