Muvico Entertainment, L.L.C. (“Muvico” or “the Company”) is a growing chain of premium, megaplex motion picture theaters in the United States. The Company currently operates 152 screens in 9 locations located in Florida, California, and Illinois. The Company’s theaters have developed a reputation as true entertainment destinations — attracting guests from as far as 25 miles away.
The Company differentiates itself from its competition by building architecturally “themed”, state-of-the-art theaters, offering such amenities as expanded concession menus, VIP areas with full-service bars and restaurants, reserved seating and Internet ticketing. Muvico believes in offering the guest an integrated entertainment experience that is not “just about the movie” but where the “movie is part of the overall entertainment experience”. To the best of the Company’s knowledge, there is no company in the theater exhibition industry currently operating its theaters with all of the above amenities. In addition, all of the Company’s theaters are located in the top 50 DMAs in the United States.
Muvico’s business strategy is to provide a total integrated entertainment experience to the movie-going guest, most important of which is superior guest service. All of the Company’s theaters have state-of-the-art equipment in comfortable, attractive stadium seating auditoriums. The Company strives to be a technology leader in its industry and is planning on rolling out digital cinema to all of its theaters. The Company’s Rosemont, IL (Chicagoland) theater was the first all digital cinema in the United States utilizing 4K (high definition) digital projectors via its strategic relationship with Sony Electronics. Sony will also be providing Muvico with alternative content programming to its theaters including but not limiting to, sporting events, Broadway showsconcerts, and other live events. In addition, the Company has installed D-BOX MFX motion seats in most of its theaters and has plans to install them in the rest of the theaters. The Glitch, Next Gen Arcade in Muvico Hialeah has over 100 arcade games and 2 bowling lanes. The Company believes that having theaters in all of the large DMA markets in the country will allow for ancillary revenue opportunities in the future for alternative content programming, advertising, and sponsorship revenue.
Palm Harbor, FL - Palm Harbor 10
Miami, FL - Hialeah 12
Pompano Beach, FL - Broward 18
Tampa, FL - Centro Ybor 20
Tampa, FL - Starlight 20
St. Petersburg, FL - Baywalk 20
West Palm Beach, FL - Parisian 20
Chicago, IL - Rosemont 18
Los Angeles, CA - Thousand Oaks 14