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This profile was last updated on 11/18/13  and contains information from public web pages and contributions from the ZoomInfo community.

Phil Zacheretti

Wrong Phil Zacheretti?

President and Chief Executive Off...

Phoenix Big Cinemas Management LLC
Cross Park Plaza 9111 Cross Park Drive Suite E-275
Knoxville, Tennessee 37923
United States

 
Background

Employment History

68 Total References
Web References
We're proud to help bring this ...
www.prnewswire.com, 21 May 2010 [cached]
We're proud to help bring this state-of-the-art experience to the area," said Phil Zacheretti, President of Phoenix Theatres, which manages Lake Worth 8.  "Hollywood has increased production of 3D movies and we felt it was important to be able to show these movies as intended.
Greene County Online
www.greenevillesun.com, 11 May 2006 [cached]
"Customer comfort is something on which we focus," said Phil Zacheretti, Phoenix Theatres' co-owner, in announcing planned renovations.
heraldsun.com: Northgate cinema gets new operator
www.herald-sun.com, 15 Feb 2006 [cached]
Daily matinees and special programs will be featured throughout the year, according to Phil Zacheretti, principal of Phoenix Theatres, which is privately held and operates 65 locations in six states.
Phil Zacheretti, president ...
www.greenevillesun.com, 1 Mar 2012 [cached]
Phil Zacheretti, president and CEO of Phoenix Big Cinemas Management, LLC, was in Greeneville last Friday getting re-connected with Towne Crossing 8, one of his personal favorites in the movie theater chain he leads that extends from New York to California to Florida.
He was in town to have lunch with Kent Bewley, who owns the property and the Towne Crossing 8 building that has been open on the U.S. 11E Bypass for six years.
Zacheretti, who lives in Knoxville, was also finalizing plans for an upcoming price break at Towne Crossing that he thinks will offer his customers value and a look at what he says is the movie industry's best content (movies) in many years.
The Towne Crossing 8 "is doing good. Our future here is good," Zacheretti said, noting that his lease with Bewley continues for nine more years.
...
Zacheretti said that Towne Crossing is expanding its $5-per-ticket price on Tuesdays to offer that price from Monday through Thursday, beginning on Monday, March 5, and going through Thursday, March 29, for all movies except those of Sony Pictures.
"Greeneville is doing good," Zacheretti emphasized.
...
The company has been doing well in recent years, both nationwide and in Greeneville, Zacheretti said.
"We're a product-driven industry -- it's the movies we have. If the product is there -- that's it," he said.
Nationwide, he said the movie theater business as a whole was "tremendous, record-setting" in 2008 and 2009, no small feat considering those years were the low-point of the severe recession that lingers to this day.
He said 2010 was also very good.
One reason for the strength of those years for the movie business, he said, is that going to the movies provides "one of the lowest-priced forms of entertainment in the world."
Still, Zacheretti noted that movie theater turnstiles nationwide, and in Greeneville, suffered a "bit of a dip" in 2011, something he attributed to a downturn in the quality of the product from Hollywood.
BIG MOVIES SPARK RISE
All that has changed in the first two months of 2012, Zacheretti said, with movie attendance 30 percent higher than those months in 2011.
He expects that jump in interest from the movie-going public to continue for the rest of this year as well.
Three weeks ago saw the all-time biggest-grossing opening weekend in a non-holiday or summer for the movie industry, Zacheretti said.
That weekend included the opening of highly popular films such as "The Vow," "Safe House," "Journey 2," and "Star Wars: Episode I -- The Phantom Menace 3D."
This summer will bring expected blockbusters "The Amazing Spider-Man" and "Men In Black 3," Zacheretti said.
...
Zacheretti, a former executive with Regal Cinemas, also has ownership interests in Phoenix Big Cinemas theaters in Norfolk, Va., and Madisonville, Ky., he said.
...
Zacheretti said that the digital movie format is "a major part of our plan" for the Towne Crossing 8.
"We're making every effort to make it [digital] happen this year," he said.
A film connoisseur himself, Zacheretti said that he is convinced that "digital is a much superior production."
Furthermore, the use of film for movie production will cease to exist in about two years, he said, a change that will be expedited by the recent bankruptcy filing of film-producer Eastman Kodak.
"We have to convert [to digital] to stay open," he said.
Bewley asked Zacheretti for his opinion of digital movies.
...
"They sound better, and have a better depth of color," Zacheretti said. "Digital is just more of a real look."
In addition, he said, "Digital print movies look just as good on the screen the thousandth time as on the first time, unlike film, which can develop scratches."
HIS BUSINESS OUTLOOK
Details are important to Zacheretti.
As an owner, he emphasizes good customer service, cleanliness and good sight and sound.
...
That brand is Orville Redenbacher's, Zacheretti said, launching into an explanation of the superior quality of that brand's kernel size and freshness.
...
"Popcorn's up in price 60 percent this year," Zacheretti said. "So is chocolate. In fact, candy is up 8 to 13 percent in the past few months," he added.
Details. Zacheretti's management style is big on details.
NO STRANGER HERE
With his frequent travels to Phoenix Big Cinemas theaters throughout the nation, Zacheretti had not been to Greeneville in almost a year until this past weekend, he said.
He used to be here once a month, he recalled.
Nevertheless, he is no stranger.
He has studied the Greene County market and keeps up with local economic news.
For example, he cited the loss of jobs at Greene Valley Developmental Center as a blow to the local economy.
Still, he was heartened to hear of the new US Nitrogen plant being built.
South Florida Megaplexes
www.icsc.org, 8 Oct 2000 [cached]
Broward probably has among the highest per capita concentrations of theaters in the country, said Phil Zacheretti, marketing director for Regal Cinemas.Regal has nine megaplexes planned for South Florida, with four already open.
It's like when Wal-Mart comes to town, you have five to six small stores, he said.Two to three go by the wayside.That's the way things are..
But the megaplex industry is so new -- the first was built in 1995 in Dallas --that the industry has no clear vision where all this will lead, Mr. Zacheretti admitted.Some older theaters will be closed, some will be retrofitted, and others will become discount theaters, he said.
Regal expected to convert its Coral Springs 6 theater in the near-empty Coral Springs Mall into a discount, second-run theater in June at the same time it opened its new 16-screener, Magnolia Place 16.
Broward's growing population, its snowbird (winter residents) population, and its high number of tourists all make it attractive to theater owners, Mr. Zacheretti said.It is also a retail battleground, with retailing ranging from Neiman Marcus and Bloomingdale's to Fort Lauderdale's Swap Shop, one of the top flea markets in the country.
Retail is nonstop, he said.
Then there's the year-round sunny weather.
You can get out and do a lot of things, he said.We built two theaters in Buffalo ; they're doing great now, but we'll have to see the numbers in November..
Regal's Cypress Station 16 theater in northern Fort Lauderdale is in the company's top five in box office grosses, Mr. Zacheretti said.
Kansas City, Mo.-based AMC, isn't worried, either.
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