Hooray for Hollywood, but where would Hollywood be without Emagine Theaters? Jeff digs deep into the movie theater business on this edition of StartupNation Radio! Emagine Theaters Founder and Chairman Paul Glantz and Jon Goldstein join the nation to share their comedies, dramas and a few horrors during their rise in the movie theater business.
Emagine Theaters
“Fear is a great motivator”
Accountant by day, entertainment tycoon by night, Paul Glantz admittedly is not your typical entrepreneur. The president and CEO of Proctor Financial Inc. (a specialty insurance broker serving over 1,600 financial institutions nationwide) is also the driving force behind Southeast Michigan’s Emagine Theaters—the first in the world to convert to high-definition digital imagery from 35mm film and to introduce complete stadium seating.
Glantz hadn’t always dreamed of becoming the cinematic expert that he is considered today, however. His foray into the movie business was born more out of chance than design when, as CFO of Proctor Financial in the 1980s, his fears over the economy pushed him to look at alternative sources of income to support his family and provide a financial cushion should the economy take a nosedive.
Glantz looked at a number of businesses, but was eventually persuaded by the transparency of its financial statements to purchase a one-screen movie theater in Clarkston, MI. He now has grown his movie empire to 46 screens in six cities throughout Southeast Michigan.
Jon Goldstein shares how his love of the cinema combined with his creative genius makes him the mastermind behind Emagine Theaters success and rapid growth.
Hear more tips and advice from Paul and Jon on how you can make a business out of your passion on this week’s StartUpNation Radio.
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