Fandango, Carmike (CKEC) Extend Strategic Agreement
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Fandango has extended its multi-year strategic agreement with founding partner Carmike Cinemas, Inc. (Nasdaq: CKEC), just in time for the summer moviegoing season.
This latest exhibition agreement follows on the heels of Fandango's recent deals with AMC Theatres and Regency Theatres earlier in the year, adding more than 3,000 screens to Fandango's constantly growing network of U.S. screens, now totaling nearly 20,000. With the Carmike extension, Fandango is adding another 80 new screens (recently acquired or built by Carmike) to its network. Fandango's exhibition footprint now reaches over 70 percent of the nation's theaters with online and mobile ticketing.
This latest exhibition agreement follows on the heels of Fandango's recent deals with AMC Theatres and Regency Theatres earlier in the year, adding more than 3,000 screens to Fandango's constantly growing network of U.S. screens, now totaling nearly 20,000. With the Carmike extension, Fandango is adding another 80 new screens (recently acquired or built by Carmike) to its network. Fandango's exhibition footprint now reaches over 70 percent of the nation's theaters with online and mobile ticketing.
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