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Carmike was founded when Carl L. Patrick, Sr. acquired Martin Theatres from Fuqua Industries in 1982. The company's name was derived from a combination of the first names of Carl L. Patrick, Sr.'s two sons, Carl Jr. and Michael, hence "Carmike".
Jul 5, 2007 · Carl Lloyd Patrick December 6, 1918- July 4, 2007 COLUMBUS, GA— Carl Lloyd Patrick, motion picture pioneer, business leader, and Ret. Chairman of Carmike Cinemas died Wednesday, July 4,...
Carmike's swift rise to prominence among movie exhibitors was the work of the Patrick family, a clan with a history in the theater business. Company chairman Carl Patrick, Sr., was an executive with Martin Theaters, a Columbus, Georgia-based chain owned by another family.
- 1960s Roots
- IPO and Continuing Growth in The Mid-1980S
- More Than 1,000 Screens by The Mid-1990S
- Expansion in The Mid-1990S and Bankruptcy in 2000
- Principal Competitors
- Further Reading
Carmike’s swift rise to prominence among movie exhibitors was the work of the Patrick family, a clan with a history in the theater business. Company chairman Carl Patrick, Sr., was an executive with Martin Theaters, a Columbus, Georgia-based chain owned by another family. In 1969 Martin was purchased by Atlantatycoon J.B. Fuqua, and it became part ...
The company’s growth spurt continued unchecked through the middle of the 1980s. Although no existing theater chains were acquired in 1984 or 1985, Carmike built 55 new screens of its own during those two years. The year 1986 was an especially eventful one for Carmike. That year, the company acquired Essantee Theatres, Inc., adding 209 screens to it...
As the 1990s began, Carmike’s approach still ran contrary to that of its major competitors: although they were trying to become “leaner and meaner,” Carmike was still looking for new turf. Consequently, the 154 existing screens the company acquired in 1990 came from two of its biggest rivals, Cineplex Odeon and United Artists. On top of that, 24 ne...
Carmike’s expansion continued in 1996, and the following year it entered into a joint venture with Wal-Mart Stores, Inc. to create what were dubbed “family entertainment centers.” These combined a movie multiplex with a skating rink, a video arcade, and a restaurant, and occupied structures left vacant by closed Wal-Mart stores. The new complexes w...
AMC Entertainment, Inc.; Century Theatres LP; Cinemark USA, Inc.; GC Companies, Inc.; Loews Cineplex Entertainment Corp.; National Amusements, Inc.; Regal Cinemas, Inc.; United Artists Theatre Circuit, Inc.
Barrett, William P., “A Wal-Mart for the Movies,” Forbes, August 22, 1988, pp. 60–61. Blickstein, Jay, “Small-Town Dixie Chain on Exhib Fast Track,” Variety, March 30, 1992, p. 51. “Box Office Bonanza,” Forbes, March 27, 1993, p. 19. Byrne, Harlan, “Carmike Cinemas: Jurassic Park Could Help It Have a Dino-Mite Year,” Barron’s, June 28, 1993, pp. 39...
Sep 15, 1997 · The Patrick Family . Carmike Cinemas Inc. The Columbus, Ga.-based movie theater chain founded by Carl Patrick Sr. posted revenues of $426.7 million in 1996.
Nov 28, 1991 · For years, Mr. Patrick's father, Carl L. Patrick Sr., who is Carmike's chairman, worked for Martin Theaters, a Columbus-based chain. In 1970, Fuqua Industries bought the 220-screen...
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2 days ago · Self-coined as “America’s Hometown Theatre,” Carmike Cinemas Inc. was founded in 1982 by Carl Patrick, Sr. and as of December 2016, owns and operates 276 theaters, with 2,954 screens in 41 states. With those numbers, it’s the fourth largest cinema operator in America.
