Quote:
Originally posted by spunky1
Wow...surprising...I thought the movie biz was a dying breed
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Not by a long shot.
In the past few years, there's about 3 megaplex that opened up. Those new kinds with KFC, Pizza hut and all sorts of goodies inside.
There's one near my place being built right now. Funny thing is the same chain already has an older 7 screen complex only 3 blocks away. They wouldn't bother building them and having them pop up like mushrooms if it wasn't a profitable venture.
Onex is ran by Gerry Schwartz, the same guy who had a failed big to take over Canadian Airlines and Air Canada a few years ago. He also bailed out tons of companies so he knows what he's doing.
Carlyle group is scary. It's the company that conspiracy theorists love to hate. Just google them and you'll see.