Consumer >> CEO Interviews >> October 9, 2012

Interview with Chairman and CEO: Digital Cinema Destinations Corporation (DCIN)

Mayo, A. (Bud) Dale
A. Dale “Bud” Mayo has served as Chairman and Chief Executive Officer of Digital Cinema Destinations Corporation since its inception in July 2010. From 2000 until his retirement in 2010, Mr. Mayo served as Chairman, President and CEO of Cinedigm Digital Cinema Corp. During his tenure, Cinedigm completed financings in excess of $600 million and a successful IPO in 2003. Before founding the company, Mr. Mayo was Co-Founder, Chairman and CEO of Clearview. During his tenure from 1994 to 2000, Mr. Mayo grew Clearview into the largest independent theatre circuit in the metropolitan New York area, successfully completing an IPO in 1997. He was subsequently responsible for the sale of Clearview to Cablevision Systems Corporation for $160 million in 1998. From 1976 to 1993, Mr. Mayo served as Founder, CEO and sole shareholder of Clearview Leasing Corporation, which completed more than $200 million in equipment lease transactions. In recognition of his many contributions to the industry, Mr. Mayo was inducted into the film exhibition Hall of Fame at the industry’s Show East conference in October 2010. He was also a recipient of Ernst & Young’s 2006 Regional Entrepreneur of the Year Award and a 2009 Telly Award. Profile
TWST: Please begin with an overview and profile of Digital Cinema Destinations.

Mr. Mayo: Well, let’s start with our founding of Clearview Cinemas, a movie theater chain that is