MovieTickets.com Adds Three New Theater Partners
Internet movie ticketing service expands theater roster with the addition of Krikorian Theatres, Metropolitan Theatres and Spotlight Theatres
(Hollywood, CA - July 18, 2003) – MovieTickets.com today announced that it has reached exclusive ticketing agreements with three new theater partners: Krikorian Theatres, Metropolitan Theatres and Spotlight Theatres. With the addition of these new theater chains, MovieTickets.com expands its national footprint and increases its quality information and ticketing service in the Southern California and Atlanta, GA areas.
"MovieTickets.com is a valuable service for both consumers and exhibitors, and we're excited to add these three distinguished chains to our prominent family of theater partners," said Stuart Halperin, Executive Vice President, Marketing of MovieTickets.com. "The strength of our in-house technical team, our responsiveness to partner needs and additional distribution through our high-powered affiliate network makes us a very attractive option for exhibitors seeking alternative avenues to reach consumers."
MovieTickets.com currently handles Internet ticketing for approximately 50% of the United States' top 50 grossing theaters and the addition of these three partners further strengthens its leadership position in the industry. Launched in May 2000, MovieTickets.com has established exclusive movie ticketing agreements with some of North America's largest exhibitors, including AMC Entertainment, Consolidated Theatres, Famous Players, Hoyts Cinemas, Marcus Theatres, National Amusements and Rave Motion Pictures.
Purchasing tickets online is simple. Users click on www.MovieTickets.com, enter their zip code for a listing of nearby theaters, select a movie and showtime and buy their tickets with a credit card. Then, they simply go to the theater's box office or automated ticketing station, with credit card in hand for verification, and pick up their tickets. MovieTickets.com offers moviegoers the convenience of printing tickets at home in a wide array of markets.
MovieTickets.com is a joint venture between Hollywood Media Corp. (Nasdaq: HOLL), AMC Entertainment (AMEX: AEN), National Amusements, Famous Players, Marcus Theatres (NYSE: MCS), Hoyts Cinemas, Viacom (NYSE: VIA), and America Online (NYSE: AOL).
The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in Hollywood Media Corp.'s, AMC Entertainment Inc.'s and The Marcus Corporation's filings with the Securities and Exchange Commission.
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