Kansas City, Mo. -- Pursuant to its previously announced tender offer and consent solicitation ("the AMC Tender Offer"), AMC Entertainment Inc. ("AMC" or the "Company") received tenders and consents from the holders of $95,098,000, or approximately 29%, of its outstanding 11% Senior Subordinated Notes due 2016 (the "2016 Senior Subordinated Notes") by the expiration of the consent payment deadline, December 14, at 5:00 p.m. New York City time (the "Consent Date"). The consents received have not yet exceeded the number needed to approve the proposed amendments to the indenture under which the 2016 Senior Subordinated Notes were issued (the "AMC Indenture"); however, the Company has now waived the condition to the AMC Tender Offer that the required consents to approve such amendment be received. In addition, pursuant to its previously announced tender offer and consent solicitation (the "Marquee Tender Offer" and, together with the AMC Tender Offer, the "Tender Offers"), the Company's parent, Marquee Holdings Inc. ("Marquee") received tenders and consents from the holders of $215,486,000 face amount (or $170,684,306 accreted value), or approximately 71%, of its outstanding 12% Senior Discount Notes due 2014 (the "2014 Marquee Notes" and, together with the 2016 Senior Subordinated Notes, the "Notes") by the expiration of the consent payment deadline on the Consent Date. The consents received exceeded the number needed to approve the proposed amendments to the indenture under which the 2014 Marquee Notes were issued (the "Marquee Indenture" and, together with the AMC Indenture, the "Indentures"). The terms of the Tender Offers are detailed in AMC's and Marquee's Offer to Purchase and Consent Solicitation Statement dated December 1, 2010 (the "Offer to Purchase").

Under the terms of the AMC Tender Offer, holders of the 2016 Senior Subordinated Notes who tendered on or prior to the Consent Date will receive $1,031.00 per $1,000.00 in principal amount of the 2016 Senior Subordinated Notes validly tendered plus a consent payment of $30.00 per $1,000.00 in principal amount of the 2016 Senior Subordinated Notes validly tendered. Holders who tender after the Consent Date will receive $1,031.00 per $1,000 in principal amount of the 2016 Senior Subordinated Notes validly tendered. Under the terms of the Marquee Tender Offer, holders of the 2014 Marquee Notes who tendered on or prior to the Consent Date will receive $797.00 per $1,000.00 face amount (or $792.09 accreted value) of the 2014 Marquee Notes validly tendered plus a consent payment of $30.00 per $1,000.00 face amount (or $792.09 accreted value) of the 2014 Marquee Notes validly tendered. Holders who tender after the Consent Date will receive $797.00 per $1,000.00 face amount (or $792.09 accreted value) of the 2014 Marquee Notes validly tendered. The Tender Offers will expire at midnight, New York City time, on December 29, 2010, unless either Tender Offer is extended or earlier terminated. The Company intends to redeem any 2016 Senior Subordinated Notes that remain outstanding after the consummation of the AMC Tender Offer at a price of $1,055.00 per $1,000.00 principal amount of 2016 Senior Subordinated Notes as promptly as practicable after February 1, 2011 in accordance with the terms of the AMC Indenture. Marquee intends to redeem any 2014 Marquee Notes that remain outstanding after the consummation of the Marquee Tender Offer at a price of $823.77 per $1,000.00 face amount (or $792.09 accreted value) of 2014 Marquee Notes in accordance with the terms of the Marquee Indenture, as amended pursuant to the applicable proposed amendments.

Based on the consents received, Marquee and the trustee under the Marquee Indenture are expected to enter into a supplemental indenture that will, once operative, eliminate substantially all of the restrictive covenants and certain events of default and reduce the required notice period contained in the optional redemption provisions of the Marquee Indenture. The supplemental indenture is expected to become operative following the expiration date of the Marquee Tender Offer upon payment for 2014 Marquee Notes tendered on or prior to the expiration date and accepted for purchase by Marquee pursuant to the Marquee Tender Offer.

Requests for documents relating to the Tender Offers and Consent Solicitations may be directed to Global Bondholder Services Corp., the Information Agent, at (866) 470-4500 or (212) 430-3774. Goldman, Sachs & Co. will act as Dealer Manager and Solicitation Agent for the Tender Offers and the Consent Solicitations. Questions regarding the Tender Offers and Consent Solicitations may be directed to Goldman, Sachs & Co. at (800) 828-3182 and (212) 855-9063.

This press release is not an offer to purchase or the solicitation of consents with respect to the Notes. The Tender Offers and the related Consent Solicitations are only being made pursuant to the Offer to Purchase and the related Letter of Transmittal and Consent.

 

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Los Angeles -- Eleven 3D categories have been selected for the second annual International 3D Society Creative Awards show being held at the Mann Chinese Theatre from 7- 9 p.m. on February 9.

The society will also recognize television and videogame productions for honors. The Show will employ XPAND 3D cinema systems and XPAND X101 Series active 3D glasses. The Society serves the 3D community with education and recognition for stereoscopic 3D professionals.

"The three-dimensional medium continues to flourish and mature, as will be demonstrated by the second annual I3DS Creative Awards, when the society honors the accomplishments of feature filmmakers and other talents who have made contributions to related areas of stereoscopic content creation," said Oculus3D President and International 3D Awards Co-Chair Lenny Lipton.

The Society has partnered again with the People's Choice Awards to enable fans to vote for their Favorite 3D Live Action and Animated Movies. The fans can vote online at PeoplesChoice.com beginning on Jan. 5, 2011 for the two 3D Awards. Winners will be announced on February 9 at the Awards Show.

International 3D Society President Jim Chabin stated, "2010 has been 3D's breakthrough year for artistic achievements. The awards evening will honor those milestones and also preview the incredible 3D coming in 2011."

3D Society Chairman and Executive Stereoscopic 3D Producer for the Sony 3D Technology Center, Sony Corporation of America Buzz Hays added, "The theme for the evening is ‘Your World in 3D' because everywhere we look today, more and more media platforms are using 3D content to tell stories and create powerful messages."

Listed below are some of the eleven 3D categories.

LIVE ACTION/ANIMATION FEATURES OF THE YEAR
DOCUMENTARY FEATURE
STEREOGRAPHY - LIVE ACTION/ANIMATION
VISUAL EFFECTS
3D ANIMATED CHARACTER OF THE YEAR

International 3D Society underwriters include Signature Sponsor Panasonic Corporation and Founding Sponsors Dolby Laboratories, DreamWorks Animation (DWA), IMAX, MasterImage 3D, Panasonic Hollywood Lab, PIXAR, Sony Corporation of America, The Walt Disney Studios, and XpanD. Member Sponsors are Autodesk, DirecTV, and Discovery Communications. Silver Sponsor of the 3D Creative Awards is MadM3dia Entertainment.

Society members can buy tickets online that include the 3DNA® Outlook Forum and 3D Creative Awards Show for $129 through January 9, 2011. For more information please visit www.international3dsociety.com.

 

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CHICAGO -- NEC Display Solutions of America, a leading provider of commercial LCD display and projector solutions, announced today that the editors of Videomaker Magazine named the NEC MultiSync® PA271W monitor the Best Product of the Year in the display category, calling it "absolutely stunning." The display is featured in the publication's January 2011 issue on newsstands now.

Besides this latest award recognition, the MultiSync PA271W display also received high marks in a product review in Videomaker's November issue.

Labs Editor Dan Bruns writes: "...with something as important as a feature film, commercial, or family archives, getting color correct the first time can really help an audience relive a moment in the way it was intended. This is where the newest offering from the display maker NEC really shines." Later, he says that the MultiSync PA271W display "is the best option for editors doing color critical work."

"The MultiSync PA271W has received quite a few accolades since its introduction last spring, but Videomaker's recognition as Best Product of the Year is truly humbling," said Art Marshall, Product Manager for NEC Display. "Through its history, NEC has gone to great lengths to ensure that its displays exceed the expectations for the applications and markets we serve. The MultiSync PA271W is a groundbreaking display for people whose livelihoods depend on accurate color."

NEC's MultiSync PA271W display is a high-definition monitor designed for advanced graphics applications, digital photography, video editing, print production and other environments where color accuracy is critical.

For more information on the entire line of MultiSync PA Series professional displays from NEC, please visit the MultiSync PA Series product page.

 

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COLUMBUS, Ga. -- Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading DIGITAL cinema and 3D motion picture exhibitor, announces the re-opening of the ALL NEW Ritz 13. The ALL NEW Ritz 13 is located at 1683 Whittlesey Road, Columbus, GA, where the expansion of the former Ritz 10 has taken place.

The movie going experience at the ALL NEW Ritz 13 has been enhanced by the addition of 3 new auditoriums equipped with stadium seating. The existing 10 auditoriums have also been completely renovated. All auditoriums are equipped with the latest State-of-the-Art DLP digital projectors, producing 35 trillion colors, and 7.1 Digital Surround Sound. The auditoriums also feature the latest in high back plush theatre seating design. Five of the auditoriums will feature the latest Real-D 3-D Technology.

The ALL NEW Ritz 13 features THE SCREENING ROOM which was previously located at the Peachtree 8 theatre adjacent to Peachtree Mall. The new screening room is equipped with extra-large leather plush chairs. This auditorium is dedicated to the latest in Art and Independent films, and will include such titles as "Conviction", "The Black Swan" and "The King's Speech".

The ALL NEW Ritz 13 also features the latest innovations in movie ticket and concessions practices. "Standing in two lines, one to buy an admissions ticket and then again to buy popcorn and a drink, has always bothered me," stated David Passman, Carmike President. "We have combined ticket and concessions purchasing, thereby removing an entire waiting line. With the elimination of a separate box office, our patrons should find it faster and more convenient to purchase both tickets and concessions. We've also added a popular new self-serve feature, which will allow patrons to add butter flavor to their popcorn and mix and match fountain drinks at their choosing, each with unlimited refills regardless of size. The refreshment stand has an extensive menu including new items such as smoothies, hot dogs and pizza," he added.

Adjacent to the All New Ritz 13 is Xanadu Skate Center, Caddyshack Miniature Golf, and Lieutenant's Diner now with a new expanded menu.

 

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