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  • Digital Cinema Destinations Corp. (DCIN) Management Guides Acquisition Strategy Toward Expansion 0 comments
    Jun 27, 2013 2:43 PM | about stocks: DCIN

    Digital Cinema Destinations is a rapidly growing U.S. motion picture exhibitor featuring major motion pictures, coverage of live sports events, concerts, conferences, operas, ballet, Broadway plays, independent films, and more.

    Founded in 2010, the company currently operates 18 cinemas and 178 screens scattered throughout Arizona, California, New Jersey, Pennsylvania, and Ohio.

    Digiplex is managed by a three-person leadership team and supported by four independent board members.

    Company CEO Bud Mayo is an industry veteran with more than 20 years of experience. He is also the founder and former leader of Cinedigm Digital Corp. (NASDAQ:CIDM). Digiplex CFO Brian Pflug is the former controller at Clearview Cinemas and is former SVP of accounting and finance at Cinedigm Digital. Jeff Butkovsky serves the company as chief technology officer. Butkovsky is the former SVP and chief technology officer of Cinedigm Digital.

    Digiplex has established a proven business model as it reaches to execute its ongoing acquisition strategy, which currently targets about 100 locations throughout the United States.

    The company's strategy is to acquire cash flow positive theaters in top locations, convert all analog screens to digital, and to transform these theaters into entertainment destinations by offering innovative programming and marketing strategies.

    For more information, visit www.digiplexdest.com

    Please see disclaimer on the MissionIR website
    http://www.missionir.com/disclaimer.html

    Stocks: DCIN
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