Nearly 80% of company's theatre locations will offer digital 3D technologyMILWAUKEE, Mar 08, 2010 (BUSINESS WIRE) -- Marcus
Theatres(R), a division of The
Marcus Corporation (NYSE: MCS), today announced it will continue its
digital 3D expansion with plans to install 10 RealD 3D systems in new
theatre locations throughout the Midwest. The company also plans to
install nine RealD 3D systems at existing 3D locations in select Marcus
Theatres. With the addition of the 19 new 3D systems, Marcus Theatres
will offer digital 3D at 53 screens at 43 locations in seven states. All
19 3D systems are expected to be installed by April 2010.
"Expanding our digital 3D footprint continues to be a major part of our
growth strategy," said Bruce J. Olson, president of Marcus Theatres.
"Monster hits like Avatar continue to move digital 3D full-speed
ahead as digital 3D movies attract a wide variety of audiences. In fact,
digital 3D films have outperformed the corresponding 2D version of the
same movie by a factor of two to three times. We expect that digital 3D
movies will continue to positively impact the box office as the number
of 3D films continues to significantly increase and more 2D movies are
being converted to 3D films."
Olson said there is an explosion of upcoming 3D releases in the
pipeline. Popular 3D films opening this spring and summer include Alice
in Wonderland, Clash of the Titans, Shrek Forever After,
Toy Story 3, Despicable Me and Harry Potter and the
Deathly Hallows. "There will be at least 20 3D titles released in
2010 and the potential for even more in 2011."
"We will continue to explore additional opportunities to expand our
digital 3D presence and we are actively considering the potential of
eight to 10 additional digital 3D screens in the coming months," added
Olson. "With the 19 new 3D systems we will offer digital 3D in nearly
80% of our theatre locations. As our digital 3D expansion continues,
more and more of our guests will be able to enjoy these stunningly
realistic 3D films at a Marcus Theatre location close to home."
RealD will provide the equipment and glasses for the 19 digital 3D
system installations.
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New 3D Locations:
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Wisconsin
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Minnesota
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Green Bay East, Green Bay
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Hastings Cinemas, Hastings
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Hillside Cinemas, Delafield
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Rosemount Cinemas, Rosemount
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Oshkosh Cinemas, Oshkosh
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Southgate Cinemas, Milwaukee
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Nebraska
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SouthPointe Cinemas, Lincoln
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Iowa
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College Square Cinemas, Cedar Falls
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North Dakota
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Sycamore Cinemas, Iowa City
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West Acres Cinemas, Fargo
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Additional 3D Screens at Existing 3D Locations:
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Marcus Theatres will install a second digital 3D system at:
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Wisconsin
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Ohio
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Majestic Cinemas, Brookfield
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Crosswoods Cinemas, Columbus
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Menomonee Falls Cinemas, Menomonee Falls
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Illinois
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Nebraska
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Gurnee Cinemas, Gurnee
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Twin Creek Cinemas, Bellevue
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Addison Cinemas, Addison
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Village Point Cinemas, Omaha
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Two additional digital 3D systems will be installed at Ridge Cinemas in
New Berlin, Wis. After the two installations are complete, Ridge Cinemas
will have a total of three digital 3D screens.
3D attractions currently scheduled for the remainder of 2010 and 2011
include:
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2010
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2011
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3/5/10 - Alice in Wonderland
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1/14/11 - The Cabin in the Woods
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3/26/10 - How to Train Your Dragon
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1/14/11 - Priest
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4/2/10 - Clash of the Titans
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2/11/11 - Drive Angry
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4/21/10 - Kenny Chesney: Summer in 3D
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4/8/11 - Rio
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5/21/10 - Shrek Forever After
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5/5/11 - Spiderman 4
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6/18/10 - Toy Story 3
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6/3/11 - Kung Fu Panda: Kaboom of Doom
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7/2/10 - Despicable Me
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6/24/11 - Cars 2: World Grand Prix
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7/30/10 - Cats & Dogs 2
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7/15/11 - Harry Potter and the Deathly Hallows (Part 2)
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8/6/10 - Step Up 3D
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7/29/11 - The Smurfs
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8/27/10 - Piranha
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11/4/11 - Puss 'N Boots
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9/10/10 - Resident Evil: Afterlife
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11/11/11 - Arthur Christmas
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9/24/10 - Guardians of Ga'Hoole
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11/18/11 - Happy Feet 2
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10/1/10 - Alpha and Omega
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12/23/11 - The Adventures of TinTin: The Secret of the Unicorn
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10/15/10 - Jackass 3D
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10/22/10 - Saw 7
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11/5/10 - Megamind
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11/19/10 - Harry Potter and the Deathly Hallows (Part 1)
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11/24/10 - Tangled
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12/17/10 - Tron Legacy
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12/17/10 - Yogi Bear
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About Marcus Theatres
Marcus
Theatres(R), a division of The Marcus Corporation
(NYSE:MCS), is the seventh largest theatre circuit in the United States
and currently owns or operates 668 screens at 54 locations in Wisconsin,
Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio, and one
family entertainment center in Wisconsin. For more information, visit
the Marcus Theatres website at www.marcustheatres.com.
About The Marcus Corporation
Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a
leader in the lodging and entertainment industries. In addition to its
Marcus Theatres division, the company's lodging division, Marcus Hotels
and Resorts, owns or manages 19 hotels, resorts and other properties in
ten states. The company is celebrating its 75th anniversary
in 2010. For more information, visit the company's web site at www.marcuscorp.com.
About RealD
RealD is the global leader in 3D technology for cinema, home and
professional applications. RealD's new 3D cinema technology launched
today's 3D movie revolution and is deployed across the world's largest
3D platform. RealD is also at the forefront of the launch of 3D in the
home with technology licensed by many major consumer electronics
companies covering 3D content delivery format and eyewear. RealD is the
worldwide inventor and provider of key stereoscopic technologies used in
science, manufacturing, marketing, and other industries, with 30 years
of development behind its systems. RealD's mission-critical 3D
technologies are used by organizations such as NASA, Pfizer, BMW, Boeing
and more. For more information, please visit www.RealD.com.
Certain matters discussed in this press release are "forward-looking
statements" intended to qualify for the safe harbors from liability
established by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements may generally be identified as such
because the context of such statements include words such as we
"believe," "anticipate," "expect" or words of similar import. Similarly,
statements that describe our future plans, objectives or goals are also
forward-looking statements. Such forward-looking statements are subject
to certain risks and uncertainties which may cause results to differ
materially from those expected, including, but not limited to, the
following: (1) the availability, in terms of both quantity and audience
appeal, of motion pictures for our theatre division, as well as other
industry dynamics such as the maintenance of a suitable window between
the date such motion pictures are released in theatres and the date they
are released to other distribution channels; (2) the effects of
increasing depreciation expenses, reduced operating profits during major
property renovations, and preopening and start-up costs due to the
capital intensive nature of our businesses; (3) the effects of adverse
economic conditions in our markets, particularly with respect to our
hotels and resorts division; (4) the effects of adverse weather
conditions, particularly during the winter in the Midwest and in our
other markets; (5) the effects of the relative industry supply of
available rooms at comparable lodging facilities in our markets on our
occupancy and room rates; (6) the effects of competitive conditions in
our markets; (7) our ability to identify properties to acquire, develop
and/or manage and continuing availability of funds for such development;
and (8) the adverse impact on business and consumer spending on travel,
leisure and entertainment resulting from terrorist attacks in the United
States, the United States' responses thereto and subsequent hostilities.
Shareholders, potential investors and other readers are urged to
consider these factors carefully in evaluating the forward-looking
statements and are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements made herein
are made only as of the date of this press release and we undertake no
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.

SOURCE: The Marcus Corporation
Investors:
Douglas A. Neis, The Marcus Corporation
(414) 905-1100
or
Media:
Carlo W. Petrick, Marcus Theatres
(414) 905-1505