PT - JOURNAL ARTICLE AU - M. Freddie Reiss AU - Cynthia Nelson AU - John Yozzo TI - Now Playing at Theatres Every-where DP - 2002 Mar 20 TA - Turnaround Management PG - 23--33 VI - 2002 IP - 1 4099 - http://guides.pm-research.com/content/2002/1/23.short 4100 - http://guides.pm-research.com/content/2002/1/23.full AB - The building spree of movie house megaplexes in late 1990's resulted in 6 of the 10 largest theatre chains filing for bankruptcy. Simply put: too many screens for too few patrons. The saga of Edwards Theatres Circuit is a case in point. Bankruptcy enabled the company to void the expensive leases for unprofitable theatres. But there was much more to the demise and rise of this company, as the turnaround specialists describe in this firsthand account.