The consolidation of the exhibition world marches on.
Kansas City-based Dickinson Theaters could emerge as the next family-owned regional circuit to be swallowed up by a national chain. Dickinson, a 218-screen Midwestern chain is “trying to see if there’s interest from buyers,” according to finance officer Steve Tall. The circuit of relatively modern midsize multiplexes in mostly non-competitive markets would be a good fit for a number of expanding major exhibitors, including Regal, Carmike and Cinemark, say industry observers.
Sources speculate the 78-year old Dickinson may have stretched itself too thin trying to keep up with AMC. The national exhibition giant, also based in Kansas City, has been pumping millions into building local megaplexes in recent years.