March 16, 2005 |
Sony Electronics Inc. and Landmark Theatre Corp. announced a deal to equip all of the art house chain's 59 theaters with high-definition digital projectors. Landmark, which operates art house cinemas in 22 markets, is a subsidiary of 2929 Entertainment, owned by Dallas billionaire Mark Cuban and partner Todd Wagner. Terms weren't announced.
January 15, 1998 |
AudioNet, a closely held Internet broadcast network, said it has raised an additional $22 million in funds after a round of financing from primary investors Motorola Inc., Intel Corp. and Yahoo Inc. The Dallas-based company did not give details of the specific investments from each company. But on Jan. 7 Yahoo said it had invested $1.35 million in cash for a minority stake in AudioNet.
October 12, 2012 |
A new drive-in movie theater is opening atop downtown Los Angeles. On Oct. 28, Electric Dusk Drive-In will debut on the rooftop of a parking garage at the corner of 4th Street and Broadway. The drive-in will project a wide selection of classic films, cult favorites and contemporary blockbusters on a 24 foot by 18 foot screen, complete with carhops taking orders from a snack bar, according to a statement from Electric Dusk Drive-In. Audio from the movie will be transmitted directly to patrons' car radios, but patrons without cars can also watch movies in a designated seating area.
May 21, 2007 |
Outbidding several companies that specialize in independent films, Sony's Columbia Pictures has plunked down a hefty $11.5 million for North American rights to James Gray's "We Own the Night," a gritty crime drama that made its debut at the festival. In topping bids from Fox Searchlight, Miramax, Lionsgate and Summit Entertainment, Columbia also committed to an expansive theatrical release this fall and a rich video deal for Gray's movie, the first since his 2000 work, "The Yards."
December 30, 2008 |
Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team and co-owner of the Landmark Theatres cinema chain, has acquired a 9.4% stake in Carmike Cinemas Inc., according to a regulatory filing Monday. In the Securities and Exchange Commission filing, Cuban reported buying 1.2 million Carmike shares for roughly $2.8 million since mid-October. He said he acquired his stake in Columbus, Ga.-based Carmike for investment purposes.
September 24, 2003 |
Dallas Mavericks owner Mark Cuban and a business partner are buying Landmark Theatres' 55 art-house theaters nationwide, sources close to the sale said Tuesday. Cuban and partner Todd Wagner will own equal shares of the Landmark Theatres chain, which has been for sale since 2001, according to one of the sources, both of whom spoke on condition of anonymity. The sources also said Wagner would become Landmark's chief executive, but declined to disclose a sale price.