United Entertainment Corp. Purchases Two Chakeres Theatres, Inc. Locations in Ohio

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Press Release – For Immediate Release  

United Entertainment Corp. Purchases Two Chakeres Theatres, Inc. Locations in Ohio

September 27, 2018

United Entertainment Corp. (UEC), a Top 30 theatre chain in the U.S., is pleased to announce it has purchased two movie theatres from Chakeres Theatres, Inc. The theatres acquired are the Cinema 10 movie theatre located at 3115 East National Road, Springfield, Ohio, and the Celina Cinema 5 movie theatre located at 116 Main Street, Celina, Ohio.

The two theatres will be UEC Theatres’ fourth and fifth in Ohio. With the deal completed UEC now owns and operates 21 movie theatre complexes consisting of 180 digital auditoriums and has operations in 12 states.

Chakeres Theatres, Inc. has been a fixture of Ohio cinema since 1908. Philip Chakeres, CEO, shared the Company’s appreciation for the decades of support from audiences in Clark and Mercer Counties.

Mike Ross, President of UEC, said, “We are excited to continue the independent theatre ownership that Chakeres Theatres is known for. Having theatres in other Ohio cities like Norwalk, Mount Vernon and Cambridge gives us a base of operations and knowledge of the state. This allows us to quickly roll out programs such as advance ticket sales, online ticketing and a generous Loyalty Rewards Program, as well as a webpage that is mobile-friendly.”  

United Entertainment Corp. plans to reinvest in the theatres and make some immediate improvements to the Cinema 10, most notably leather, power reclining seats with extra legroom, new carpet and wall coverings. Both theatres will receive digital signage and flat panel televisions. In addition, UEC Theatres will introduce self-serve Coca-Cola fountain beverage stations (with free refills) to help alleviate congestion at the concession stand, andinstall Grab-N-Go coolers stocked with drinks such as Gold Peak Tea, Minute Maid Juice to Go, Monster Energy drinks, various VitaminWaters and Dunkin Donuts Iced Coffees. Both cinemas will remain open during the transition and improvements.

UEC, headquartered in St. Cloud, Minnesota, owns and operates a chain of movie theatres throughout the United States. The Company mission is to provide high quality entertainment at reasonable prices to the markets it serves.  UEC takes pride in bringing the magic of the movies to communities.

For more information about UEC Theatres, please visit www.uecmovies.com or find us on Facebook at www.facebook.com/uectheatres #TakeintheMagic