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Rave Cinemas' Valley Bend 18 in Huntsville, Alabama |
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| Type | Private |
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| Industry | Entertainment - Theaters |
| Founded | 1999 - Dallas, Texas, USA |
| Founder(s) | Thomas W. Stevenson, Jr. |
| Headquarters | Dallas, Texas, USA |
| Key people | Rolando B. Rodriguez, President & CEO Peter A. Nelson, Executive Vice President & COO Arthur Starrs III, Executive Vice President & CFO |
| Subsidiaries | Rave Cinemas |
| Website | ravecinemas.com |
Rave Cinemas, formerly known as "Rave Motion Pictures," often called Rave and owned by Rave Cinemas, LLC, is a movie theater brand founded in 1999. It is formerly headed by Thomas W. Stephenson, Jr., former CEO of Hollywood Theaters, and currently headed by Rolando B. Rodriguez, former Vice President and Regional General Manager for Walmart in Illinois and northern Indiana. The company is based in Dallas, Texas.
Rave Cinemas, LLC was formed in late 2009 by TowerBrook Capital Partners L.P and investors Lambert Media Group and Charles B Moss, Jr. Rave Cinemas then acquired four properties, corporate infrastructure and leadership, and the Rave Motion Pictures brand from Boston Ventures owned Rave Reviews Cinemas, LLC (RRC). RRC continues to own 21 other properties which will operate under the "Rave Motion Pictures" branding under a management services agreement with Rave Cinemas, LLC. Concurrently with the RRC acquisition, Rave Cinemas, LLC, purchased the business operations and real estate of 35 properties owned by National Amusements, Inc. (NAI), parent company of Viacom and CBS Corporation. The former NAI assets were rebranded "Rave Motions Pictures" in the second quarter of 2010.
The company also co-owns "Rave Digital Media" along with Continental Retail Development, with headquarters in Columbus, Ohio, and operates four properties under the "Rave Digital Media" brand.
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Most theaters features multiple concession stands, arcade games, online and kiosk ticketing, and a futuristic environment with special lighting, LCD menu and film trailer displays, and some have a stylized special event room.
Every auditorium in Rave built theaters features the following:
In addition, large auditoriums often feature two-floor exits with central seating for patrons with physical disabilities and elevator access. Several of the theaters are also equipped with Real D 3D cinema systems. Each newly opened building is completely digital in picture and sound.
Properties acquired from National Amusements may not have all of the features or designs listed above.
As of 2010, Ohio has the most operating Rave theaters, with 11 theaters operating throughout the state. Alabama has the second-most Rave theaters, with a total of 7.
In June 2006, Rave Motion Pictures announced a partnership with Christie/AIX to install 445 digital cinema systems in its theaters.[1] Several Rave theaters (including theaters in Peoria, Illinois and Huntsville, Alabama) already have Christie systems installed; a full conversion of existing theaters was completed in August 2007.[2]
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