Marcus Corporation
| Public | |
| Traded as | NYSE: MCS |
| Industry |
Hospitality Entertainment |
| Founded |
Milwaukee, Wisconsin, United States (November 1, 1935) |
| Founder | Ben Marcus |
| Headquarters | Milwaukee, Wisconsin, United States |
Area served |
Marcus Theatres: Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota, and Ohio. Marcus Hotels and Resorts: Arizona, California, Illinois, Minnesota, Missouri, Nevada, Ohio, Oklahoma, Texas, and Wisconsin. |
Key people |
Gregory S. Marcus (President and CEO) Stephen H. Marcus (Chairman) |
| Revenue |
 US$ 412.8 million (2013)[1] |
|
US$ 38.2 million (2013)[1] | |
|
US$ 0.63 per share (2013)[1] | |
Number of employees | 6,500 |
| Divisions |
Divisions
|
| Website |
www |
The Marcus Corporation (NYSE: MCS) is a publicly held company headquartered in Milwaukee, Wisconsin. The company operates two principal divisions: Marcus Theatres and Marcus Hotels and Resorts. One of the company's principal assets, Baymont Motels, was sold to La Quinta Corporation in 2003. Marcus Cable, which merged in 1998 with Charter Communications, was founded by a member of the Marcus family, but held no direct corporate connection to Marcus Corporation itself.
Marcus Corporation was founded on November 1, 1935 by Ben Marcus with the purchase of a single movie theatre screen in Ripon, Wisconsin. It was also a restaurant franchiser, as it was affiliated with the Big Boy Restaurants chain as Marc's Big Boy and served as the Milwaukee area franchiser for Kentucky Fried Chicken. Marcus exited the restaurant business after closing Marc's and selling of the KFC franchises by 1992.
Marcus Theatres
Marcus Theatres is a United States movie theater chain that owns and/or manages screens in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota, and Ohio. In 2000, the chain partnered with MovieTickets.com for advanced ticketing capabilities. This partnership was extended in 2011.[2]
In 2008, Marcus acquired seven theater locations in Nebraska from Douglas Theatre Company.[3]
In August 2013, Rolando B. Rodriguez was appointed as president and chief executive officer of Marcus Theatres.[4] After Rodriguez took over, the company introduced two new initiatives in October 2013: $5 admission for any movie on Tuesdays at select theaters and an alternative programming block known as "Theatre Entertainment Network.[5] In January 2014, Marcus launched an initiative called "Indie Focus" that offers art and independent films in select locations.[6] The chain began a partnership with Fandango in fall 2015, making Fandango its preferred ticketing partner.[7]
Marcus Hotels and Resorts
Marcus Hotels and Resorts, currently owns or manages 17 hotels and resorts in California, Illinois, Minnesota, Nebraska, Nevada, Oklahoma, Texas, and Wisconsin, as well as one vacation club in Wisconsin.
References
- 1 2 3 "The Marcus Corporation Investor Fact Sheet" (PDF). Marcus Corporation. 2014. Archived from the original (PDF) on April 24, 2015. Retrieved April 23, 2015.
- ↑ "MovieTickets.com and Marcus Theatres® Extend Decade Long". Bloomberg L.P. February 15, 2011. Retrieved April 23, 2015.
- ↑ "Marcus Theatres to Acquire 7 Douglas Theatres Locations in Nebraska". The BigScreen Cinema Guide. SVJ Designs. April 24, 2015. Archived from the original on April 7, 2015. Retrieved April 24, 2015.
- ↑ "Rolando B. Rodriguez Appointed President and CEO of Marcus Theatres® and Executive Vice President of The Marcus Corporation". Business Wire. Berkshire Hathaway. August 1, 2013. Archived from the original on March 2, 2014. Retrieved April 23, 2015.
- ↑ Vogel Davis, Stacy (October 11, 2013). "Marcus tries new ideas to fill theaters". Milwaukee Business Journal. American City Business Journals. Retrieved April 23, 2015.
- ↑ "Marcus Theatres Launches Indie Focus". Business Wire. Berkshire Hathaway. January 15, 2014. Retrieved April 24, 2015.
- ↑ McClintock, Pamela (April 21, 2015). "CinemaCon: Fandango Partners With Marcus Theatres". The Hollywood Reporter. Prometheus Global Media. Retrieved April 23, 2015.