Marcus Corporation

Are You Ready for It? Marcus Theatres Adds New Showtimes to Meet Demand for Taylor Swift: The Eras Tour Concert Film

Retrieved on: 
Tuesday, September 12, 2023
Film & Motion Pictures, Events, Concerts, General Entertainment, Entertainment, Celebrity, Atmos, Season, Marcus Corporation, Food, Travel, Life, Come, Lincoln Center, Metropolitan Opera, O2, The Eras Tour, Metallica, Sale, Lincoln, River Plate, Dream, Golden hour, Red Rocks Amphitheatre, Eras, IMAX, MCS, Dolby Atmos, NYSE, Music

“Taylor Swift’s announcement that she is bringing the Eras Tour to theatres certainly has made sparks fly at the box office,” said Mark Gramz, president of Marcus Theatres.

Key Points: 
  • “Taylor Swift’s announcement that she is bringing the Eras Tour to theatres certainly has made sparks fly at the box office,” said Mark Gramz, president of Marcus Theatres.
  • While we regularly offer concert series as part of the Marcus moviegoing experience, Taylor Swift: The Eras Tour concert film will be an enchanted experience unlike any other.”
    To date, 71% of ticket sales sold for Taylor Swift: The Eras Tour concert film have been for premium large-format screens, like UltraScreens, SuperScreens and IMAX screens.
  • In addition to the Eras Tour, Marcus Theatres is excited to be debuting IU: the Golden Hour and K-LOVE Live at Red Rocks this fall.
  • Reserve your spot to see Taylor Swift: The Eras Tour concert film at marcustheatres.com/TaylorSwift or on the Marcus Theatres app.

The Marcus Corporation to Participate in Upcoming Investor Conferences

Retrieved on: 
Tuesday, September 5, 2023
Commercial Building & Real Estate, Construction & Property, Lodging, Film & Motion Pictures, Travel, General Entertainment, REIT, Entertainment, Benchmark, Marcus Corporation, MCS, Conference, NYSE, Associate, Private investigator

The Marcus Corporation (NYSE: MCS) today announced that company executives will participate in two upcoming investor conferences on September 14, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced that company executives will participate in two upcoming investor conferences on September 14, 2023.
  • Meetings with Mr. Marcus and Mr. Paris can be scheduled through the Benchmark Company.
  • Mr. Marcus and Mr. Paris will also participate in the 16th Annual Barrington Research Virtual Fall Investment Conference on Thursday, September 14, 2023.
  • Meetings with Mr. Marcus and Mr. Paris can be scheduled through Barrington Research Associates.

Marcus Hotels & Resorts Appoints Tiffany Leadbetter Donato as Chief Investment Officer

Retrieved on: 
Tuesday, September 5, 2023
Professional Services, Consumer, Women, Vacation, Lodging, Finance, Travel, Park Hotels & Resorts, Marcus Corporation, Cornell University School of Hotel Administration, Business, MBA, Multimedia, Hyatt, NYSE, University, School, MCS, Cornell University, Tourism

Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), today announced the appointment of Tiffany Leadbetter Donato as its first chief investment officer.

Key Points: 
  • Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), today announced the appointment of Tiffany Leadbetter Donato as its first chief investment officer.
  • A proven hotel investment and asset management executive, Donato will oversee all transactional activities designed to fuel growth, including acquisitions, co-investments, and new third-party management contracts.
  • View the full release here: https://www.businesswire.com/news/home/20230901476167/en/
    Tiffany Leadbetter Donato, chief investment officer at Marcus Hotels & Resorts (Photo: Business Wire)
    Donato brings over 25 years of experience leading complex transactions within the lodging industry, spanning multiple geographies, diverse market dynamics, and deal types.
  • “Tiffany is a proven leader with an impressive track record of success,” said Michael R. Evans, president of Marcus Hotels & Resorts.

The Marcus Corporation Increases Quarterly Dividend

Retrieved on: 
Thursday, August 3, 2023
Entertainment, Film & Motion Pictures, Other Travel, Other Construction & Property, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Other Entertainment, Building Systems, REIT, Marcus Corporation, MCS, NYSE, Holding company

Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock, a 40% increase from the prior dividend rate of $0.05 per share of common stock.

Key Points: 
  • Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock, a 40% increase from the prior dividend rate of $0.05 per share of common stock.
  • The dividend will be paid September 15, 2023, to shareholders of record on August 25, 2023.
  • “The Marcus Corporation has a long history of returning capital to shareholders with 45 years of consecutive dividend payments prior to the pandemic,” said Gregory S. Marcus, chairman, president and chief executive officer of The Marcus Corporation.
  • “While we paused dividend payments during the pandemic, we reinstated the quarterly cash dividend in the third quarter of fiscal 2022.

The Marcus Corporation Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
Entertainment, Other Entertainment, Film & Motion Pictures, General Entertainment, Vacation, Lodging, Travel, Destiny, The Color Purple, Indiana Jones, Stray, RevPAR, The Little Mermaid, Killers, MMR, Marcus Corporation, Food, The Pfister Hotel, Snake, Guardians of the Galaxy Vol. 2, Super Mario, Internet, Stock dilution, The Super Mario Bros. Movie, GAAP, Father of the Bride (album), The Equalizer 3, Sale, The Meg, Interest, Marcus, Spider-Man: Across the Spider-Verse, EBITDA, Acquisition, Teenage Mutant Ninja Turtles: Mutant Mayhem, Dial, New Super Mario Bros. 2, Sound, Hunger, Webcast, Depreciation, Equalizer, Skirvin Hilton Hotel, Adjustment, MCS, Ballad, NYSE, Pfister, Nun, Film industry, Video game, Security (finance), Bookkeeping, Nightclub, Songbird, Aquaman and the Lost Kingdom

The Marcus Corporation (NYSE: MCS) today reported results for the second quarter fiscal 2023 ended June 29, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the second quarter fiscal 2023 ended June 29, 2023.
  • Net earnings per diluted common share was $0.35 for the second quarter of fiscal 2023, a 45.8% increase from net earnings per diluted common share of $0.24 for the second quarter of fiscal 2022.
  • During the second quarter of fiscal 2023, Marcus Theatres’ total revenue of $136.9 million increased 5.7% and comparable same store admission revenue increased 9.7% compared to the second quarter of fiscal 2022.
  • During the second quarter of fiscal 2023, Marcus Hotels & Resorts reported increased revenue per available room (RevPAR) at all company-owned properties compared to the second quarter of fiscal 2022, resulting in the division outperforming the industry in the second quarter of fiscal 2023 by approximately 4.3 percentage points.

Thomas F. Kissinger Elected to The Marcus Corporation Board of Directors

Retrieved on: 
Tuesday, August 1, 2023
Entertainment, General Entertainment, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, American Red Cross, Foley, Partnership, Marcus Corporation, George, Henry Kissinger, University, Risk management, Arthur Andersen, Multimedia, Private practice, Foley & Lardner, Strategic planning, Public company, Champaign–Urbana metropolitan area, George Washington University Law School, MCS, Financial management, NYSE, American City Business Journals, Management

The Marcus Corporation (NYSE: MCS) announced today that Thomas F. Kissinger has been elected as a director of the company.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) announced today that Thomas F. Kissinger has been elected as a director of the company.
  • View the full release here: https://www.businesswire.com/news/home/20230731145284/en/
    Tom Kissinger, senior executive vice president and general counsel of The Marcus Corporation (Photo: Business Wire)
    Kissinger has served as the chief legal officer for The Marcus Corporation and its divisions, Marcus Theatres and Marcus Hotels & Resorts, since 1993.
  • “For 30 years, Tom has played an essential part in the continued success of The Marcus Corporation,” said Gregory S. Marcus, chairman, president and chief executive officer of The Marcus Corporation.
  • He previously served on the board of directors of the American Red Cross and Great Lakes Hemophilia Foundation.

METAMEDIA ADVANCES VISION OF GLOBAL INTERNET-BASED CONTENT DELIVERY NETWORK FOR CINEMAS WITH SIGNIFICANT INVESTMENT BY DIMENSIONAL ASSOCIATES

Retrieved on: 
Tuesday, July 25, 2023
BTS, ESPN, B&B Theatres, CW, CJ CGV, Orchard, Q&A, Cinemark Theatres, Marketing, Internet, Theatre, Southern Theatres, JDS, The Walt Disney Company, MacAndrews & Forbes, Marcus Corporation, Landmark Cinemas, Metamedia, Sony Music, Grauman's Chinese Theatre, City, Activision Blizzard, Emagine Entertainment, Netflix, Premiere Cinemas, Dimension, Film industry, Video game, Metallica

LOS ANGELES, July 25, 2023 /PRNewswire/ -- MetaMedia today announced a significant strategic investment from Dimensional Associates, which will drive the next phase of MetaMedia's mission to provide cinemas, movie studios and other content producers with a global, cloud-based entertainment network that delivers cost-savings, operational efficiencies, access to expanded content and additional revenue opportunities. 

Key Points: 
  • Dimensional Associates is the private equity arm of JDS Capital and is an owner/operator of companies at the crossroads of media and technology.
  • Dimensional Associates' investment will enable the MetaMedia network to expand to 2,000 additional cinemas across the U.S. and Canada, and, ultimately, reach cinemas internationally.
  • Danny Stein, the CEO of Dimensional Associates, has joined MetaMedia in the role of executive chairman.
  • In 2022, MetaMedia delivered more than 350 films to cinemas across its network, allowing content producers and cinemas to save millions of dollars.

The Marcus Corporation Announces Second Quarter Fiscal 2023 Release Date and Conference Call

Retrieved on: 
Wednesday, July 19, 2023
Film & Motion Pictures, Lodging, Destinations, Construction & Property, Travel, General Entertainment, Entertainment, Retail, Other Construction & Property, Restaurant, Bar, Other Travel, Webcast, Marcus Corporation, MCS, NYSE, Internet

The Marcus Corporation (NYSE: MCS) today announced it will report results for the second quarter of fiscal 2023 prior to the stock market open on Wednesday, August 2, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced it will report results for the second quarter of fiscal 2023 prior to the stock market open on Wednesday, August 2, 2023.
  • The release will be followed by a conference call at 10:00 a.m. Central/11:00 a.m. Eastern time.
  • A telephone replay of the conference call will be available through Wednesday, August 9, 2023, by dialing 1-866-813-9403 and entering passcode 767206.
  • The webcast will be archived on the company’s website until its next earnings release.

The Marcus Corporation to Participate at 15th Annual Gabelli Funds Media & Entertainment Symposium

Retrieved on: 
Wednesday, May 31, 2023
Film & Motion Pictures, Lodging, Other Entertainment, Entertainment, Travel, Interest, Organization, NYSE, Marcus Corporation, MCS, Mario Gabelli, Music

The Marcus Corporation (NYSE: MCS) today announced that Gregory S. Marcus, chairman, president and chief executive officer, and Chad M. Paris, chief financial officer and treasurer, will participate in a fireside chat at the 15th Annual Gabelli Funds Media & Entertainment Symposium on Thursday, June 8, 2023, at 1:30 p.m. Central/2:30 p.m. Eastern time in New York City.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced that Gregory S. Marcus, chairman, president and chief executive officer, and Chad M. Paris, chief financial officer and treasurer, will participate in a fireside chat at the 15th Annual Gabelli Funds Media & Entertainment Symposium on Thursday, June 8, 2023, at 1:30 p.m. Central/2:30 p.m. Eastern time in New York City.
  • Interested parties can listen to a live audio webcast of the fireside chat by accessing the investor relations section of the company’s website: investors.marcuscorp.com .
  • The 15th Annual Gabelli Funds Media & Entertainment Symposium includes discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals.
  • To request a one-on-one meeting with Marcus Corporation management, please contact a Gabelli & Company sales representative.

Stephen H. Marcus to Become Chairman Emeritus of The Marcus Corporation; Gregory S. Marcus Named Chairman of the Board of Directors

Retrieved on: 
Tuesday, May 23, 2023
Entertainment, Film & Motion Pictures, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, Marcus Corporation, University, Accounting, Boston University School of Law, Organization, Marcus, Milwaukee metropolitan area, City, Robert Marcus, Boys & Girls Club, Family, Character, United Way, Management, Indiana University, Architecture

After more than 60 years of company leadership, including 31 years as chairman of The Marcus Corporation , the board of directors today unanimously appointed Stephen H. Marcus as non-director chairman emeritus and special advisor to the company.

Key Points: 
  • After more than 60 years of company leadership, including 31 years as chairman of The Marcus Corporation , the board of directors today unanimously appointed Stephen H. Marcus as non-director chairman emeritus and special advisor to the company.
  • Steve Marcus notified the board of directors that he is stepping down as chairman of the board effective today, the date of the 2023 annual meeting of shareholders.
  • The board of directors today also unanimously appointed Gregory S. Marcus as chairman of the board.
  • In addition to his role as chairman, Greg Marcus will continue to serve as chief executive officer and president of The Marcus Corporation.