Monday, May 24, 2010

RIP Five Buck Club

Just got notice from Kerasotes that the Five Buck Club will be ceasing operations starting May 25 2010. After Kerasotes sold their Chicago theaters to AMC, that AMC turned around and sold them to Regal Cinemas and Regal has killed the five buck club. I loved the five buck club and would go see movies after they had been in the theater for awhile and before they got to Netflix. Now it looks like I will go to the theater even less now. Most movies are not worth basically paying the same price as their DVD to see when they are first out in theaters. Text Below:

Dear Five Buck Club Member of City North 14 and Webster Place,

I wrote you recently about AMC's acquisition of the Kerasotes Theatres. In a subsequent transaction, AMC has sold the City North 14 and Webster Place to Regal Cinemas. Regal will take over management of these two locations effective May 25, 2010.

We have been asked by Regal to inform you that they will not be honoring Five Buck Club cards after they assume operation of these locations on May 25, 2010.

Thank you for your patronage.


Tony Kerasotes"