CMX Cinemas Acquires iPic Locations in Texas, Georgia, Florida, Maryland and New Jersey
Article excerpt
CMX Cinemas has acquired nine iPic theater locations across Texas, Georgia, Florida, Maryland, and New Jersey, expanding its portfolio of premium dine-in cinemas. The locations will continue operating under the iPic brand, maintaining their signature luxury seating, chef-driven food and beverage programs, and restaurant amenities. The acquisition represents CMX's strategy to grow its footprint in the competitive theatrical exhibition market by absorbing established premium theater concepts.