In a recent interview with Leslie Stone, the Managing Editor of Opportunist Magazine, the founder and CEO of Digital Cinema Destinations Corp., A. Dale “Bud” Mayo, laid out the many reasons he can promise DCIN investors, with no hesitation, that the company is going to continue growing rapidly. It’s an unusually bold statement about a relatively young company, but it’s also easy to accept when you understand the remarkably successful run that Mayo and his loyal team has had over the years, and the market potential that he is now targeting. The interview (http://dtg.fm/Q2cg) covers Mayo’s long history in advancing theater technology, and the impressive success he continues to have with Digital Cinema Destinations, his latest and greatest venture.
Mayo’s almost 30-year career in the theater and film industry has resulted in several companies that have profitably pioneered new technologies and business models. His Clearview Cinema Group became the largest independent theater group in Metropolitan New York, and went on to be sold to Cablevision. And Mayo’s Cinedigm Digital Cinema Corp. (NASDAQ: CIDM) became a leader in digital programming, bringing digital formatting to over 12,000 screens in 1,000 U.S. and Canadian sites. He also helped establish the Mayo Center for the Performing Arts, a nonprofit organization that hosts more than 200 world-class performances per year in every genre.
But today his focus is on Digital Cinema Destinations, a company he is using to reinvent the American cinematic experience. The article offers the reader a good breakdown of the company’s strategy to convert movie theaters all over the country into something new, “interactive entertainment centers”, getting movies transmitted digitally, along with a variety of other programming, including live sporting events, concerts, conference casts, and just about anything one can imagine. Mayo emphasizes that the movie theater can be a platform for a wider media company, a platform that can be used for all types of acquired content. It’s a new way of looking at the old fashioned movie theater, and their goal is to build a theater circuit represented in at least 75% of the top DMAs in the country, with 100 locations and 1,000 screens.
For more information on Digital Cinema Destinations, visit www.DigiplexDest.com
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