by indieWIRE

Silver Cinemas International has reached an agreement with Metromedia
to acquire Landmark Theaters for a reported $65 million it
was announced yesterday. The Landmark Theater Group includes 140 screens at
49 theaters throughout the country which primarily screen independent and
specialty films.

An announcement yesterday revealed that many of the senior executives of
Landmark are expected to join Silver Cinema's once the acquisition is
completed next year.