Ipic theaters prices movie#
Ipic theaters prices upgrade#

The company’s shares plunged more than 25 percent in after-hours trading August 1 after it announced a cost-cutting plan and previewed a massive second quarter loss with little hope for a rebound in the third quarter. IPic is going public at an interesting time for the theater business, as a disastrous summer box office has delivered a brutal blow to the stock prices of some of the country’s largest exhibitors, including AMC Theatres.

Ipic theaters prices movie#

The company generates 51 percent of its revenue from concessions, with 31 percent from the box office and the remainder from memberships, sponsorships and other sources.Īlso Read: 'Okja': iPic Theaters to Offer Vegetarian-Only Menu for Netflix Movie According to an investment summary posted on its website, iPic has grown its revenue by 22 percent a year since 2012. It also allows non-accredited investors (generally individuals earning more than $200,000 a year and/or with a net worth in excess of $1 million) to buy shares in the offering.įlorida-based iPic currently owns and operates 16 theaters with 121 screens in 10 states, with an additional 5 locations under construction. IPic will file an initial public offering under Regulation A+ of the JOBS Act, adopted by the Securities and Exchange Commission in 2015 as a way for smaller startups to go public without the expense of the traditional process. I crave their barbecue chicken flatbread and Trey loves the sliders with truffle oil fries.High-end cinema chain iPic theaters is going public in late fall of this year, announcing Tuesday that it is seeking to raise up to $30 million despite the theater business struggling with a brutal summer box office. So, instead of getting the food before you go in, you have a waiter that takes your order and serves you during the movie. It is just like flying First Class! Again, all seats are reserved so there is no rush to get to the movies early. Also with this option, you each get popcorn and in-theater service for the first 20 minutes of the movie. The Premium Plus tickets include plush, fully reclining chairs, and even a pillow and blanket! Seriously. There are only a handful of these seats located in the back of the theater.

Ipic theaters prices upgrade#

Our favorite option, though, is to upgrade for $5 more to the Premium Plus seats. Before the movie you can purchase the theater’s Chef prepared, grab & go food and drink and enjoy them during the movie. I don’t know about you, but we are never anywhere early these days! The Premium seats also have large, comfortable leather chairs. You pick your seats online, which is a must for when you have kids. The Premium seats are all reserved, so you don’t have to worry about getting there extra early for a good seat.

And while we love a good meal and great conversation sans kids, we miss going to see the latest movie that everyone, then for just a $1.50 more per ticket than the closest AMC Theatre, you get a Premium seat. This means we usually just end up going out to eat. By the time we hire a babysitter or drop the kids off at Parents’ Night Out at church, we’ve only got a couple of hours before we’ve got to get back to the kids. We have even been known to do a double-header on occasion if we couldn’t decide which one to see. But now that we have children, going to the movies…well, it just doesn’t happen much anymore. Before kids, we were those people who saw every movie in the theatres.

One thing we definitely can remember about those days, though, is how often we went to the movies. My husband and I always ask ourselves, “What did we do before kids?” Even though our oldest is only three, we have quickly forgotten what it was like to have the freedom to do what we wanted, when we wanted to do it.