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Santikos Announces New Ownership Structure for its Houston Theatres

San Antonio, Texas – Santikos Entertainment today announced that it has entered into an agreement to transfer operations of its two Houston theaters to Regal Cinemas.  Proceeds from the transaction will better enable Santikos to fund its philanthropic mission in San Antonio through the John L. Santikos Charitable Foundation.

Under the terms of the deal, Regal has acquired and will operate the two Houston locations as well as develop an additional Houston property. Simultaneously, Regal will sign long-term leases for the theater buildings, which will continue to be owned by Santikos. The two Houston-area properties will remain open throughout the transition, which will have no impact on Santikos’ San Antonio theaters.

“Today’s announcement reflects an acceleration of Santikos’ commitment to our philanthropic mission in San Antonio,” said Santikos CEO, David Holmes. “This new relationship with Regal will allow us to better align our operational focus with our philanthropic goals for San Antonio.”

Santikos Entertainment will have distributed over $40 million in charitable funding to the San Antonio Area Foundation through the end of 2017. The John L. Santikos Charitable Foundation was established in 2015 at the San Antonio Area Foundation, and since that time, over 200 San Antonio Area organizations have benefitted. (A list of supported organizations is attached.)

“Each visit to a Santikos Theater creates a direct benefit to our community, with all proceeds to benefit the San Antonio Area Foundation.” said Holmes. “That was the vision of John Santikos.”

Peter J. Solomon Company is serving as financial advisor to Santikos.

 

About Santikos Entertainment

Founded in 1911, San Antonio-based, Santikos Entertainment operates eight movie theaters locally, with 103 screens and more than 17,000 seats. Santikos theaters are known for providing localized and unique entertainment experiences, including large-format screens, cutting-edge audio and visual technology, and ground-breaking amenities for the cinema industry, such as bowling and full service in-theater dining.

In 2015, Santikos Entertainment became the only theater company in the country to operate as a social enterprise benefitting its local community. Its mission is to return theater proceeds to San Antonio area non-profit groups through the John L. Santikos Charitable Foundation (held at the San Antonio Area Foundation).

 

 

John L. Santikos Charitable Foundation, a fund of the San Antonio Area Foundation
2015 & 2016 Grant Receivers

Alamo Area Rape Crisis Center

Alamo Breast Cancer Foundation

Alamo Colleges Foundation

Alamo Public Telecommunications Council/KLRN

Alamo Resource Conservation & Development Area Inc.

Alpha Home

Alzheimer's Disease and Related Brain Disorders Association

American Cancer Society, Inc.

American Diabetes Association, Inc.

American Heart Association, Inc.

American Indians In Texas - At the Spanish Colonial Missions

American Red Cross, San Antonio Area Chapter

Anger Solutions, Inc.

Any Baby Can of San Antonio

Arthur Nagel Community Clinic, Inc.

Artpace

ARTS San Antonio

Assistance League of San Antonio

AugustHeart

Autistic Treatment Center, Inc.

AVANCE San Antonio, Inc.

Ballet Conservatory of South Texas

Ballet San Antonio

Bandera County Committee on Aging, Inc.

Barshop Jewish Community Center of San Antonio

BEAT AIDS Coalition Trust

Bexar County Community Health Collaborative

Bexar County Family Justice Center Foundation

Bexar County Performing Arts Center Fdn. (Tobin Center)

Big Brothers Big Sisters of South Texas

Big Give San Antonio

Bihl Haus Arts

Boy Scouts of America - Alamo Area Council

Boy With a Ball

Boys & Girls Clubs of San Antonio

Boysville, Inc

Brighton Center

Bulverde Senior Center

Cactus Pear Music Festival

Carver Development Board

CASA of Central Texas

Catholic Charities Archdiocese of San Antonio, Inc.

Center for New Communities

Chamber Choir of San Antonio

Child Advocates San Antonio

Children's Association for Maximum Potential

Children's Bereavement Center of South Texas

ChildSafe

Christian Assistance Ministry

Christian Senior Services

Christian Youth Theater

Chrysalis Ministries

City Education Partners

City Year, Inc.

Clarity Child Guidance Center

Classic Theatre of San Antonio

Communities in Schools of San Antonio, Inc.

Conjunto Heritage Taller, Inc.

Contemporary Art for San Antonio

Corazon Ministries, Inc.

Divine Redeemer Presbyterian Church

Doctors Without Borders USA, Inc.

Ecumenical Center for Religion and Health

El Centro del Barrio

Esperanza Peace and Justice Center

Family Endeavors, Inc.

Family Service Association of San Antonio, Inc.

Father Flanagan's Boys Home

First Chance Foundation

Fitzip.org

Foundation for the Cultural Arts in SA

Foundation of the Bulverde Spring Branch Library

Friends of Cibolo Wilderness

Gemini Series, Inc.

Girl Scouts of Southwest Texas

Girls Inc. of San Antonio

Girls on the Run of Bexar County

Good Samaritan Center of San Antonio

Grace House, Inc.

Grace Point Church

Guide Dogs of Texas

H.I.S. BridgeBuilders

Habitat for Humanity of San Antonio

Haven for Hope of Bexar County

Healy-Murphy Center

Hemisfair Conservancy

Hidalgo Foundation of Bexar County

Hill Country CASA, Inc.

Hill Country Daily Bread Ministries

Hondo Public Library

Horses Helping the Handicapped, Inc.

I Care San Antonio, Inc.

Incarnate Word Retirement Community

Inner City Development, Inc.

Inspire Community Fine Art Center

Institute of Texan Cultures

Interfaith Education Fund, Inc.

International Orthodox Christian Charities, Inc

Jewish Family Service of San Antonio, Texas, Inc.

Junior Achievement of South Texas, Inc.

Kendall County Women's Shelter

Kinetic Kids, Inc.

Las Casas Foundation

Leukemia and Lymphoma Society

Life Skills for Living

LiftFund, Inc.

Madonna Neighborhood Center

Magdalena Ministries, Inc.

Magik Children Theatre

Martinez Street Women's Center

MATT Foundation, Inc.

McNay Art Museum

Military and Veteran Community Collaborative

Miracle League of San Antonio, Inc.

Mission Road Developmental Center

Mission Verde Alliance

Morningside Ministries

Musical Bridges Around the World, Inc.

New Beginnings Children's Home at Canaan Land Ranch, Inc.

Northeast Senior Assistance

NOWCastSA

Open Table, Inc.

Operation Homefront, Inc.

P-16 Plus Council of Greater Bexar County

Pay It Forward - Clean & Sober Living

Planned Parenthood South Texas

Pleasanton Library Foundation

Project MEND

Project Quest, Inc.

Rainbow Senior Center

Ransomed Life

Reaching Maximum Independence, Inc.

Respite Care of San Antonio, Inc.

Rise Recovery

Ronald McDonald House Charities of San Antonio, Texas

Roy Maas Youth Alternatives

S.L.E.W. (Support Lending for Emotional Well-being)

SA Youth

Saint Mary's Hall, Inc.

Sala Diaz, Inc.

SAMMinistries

San Anto Cultural Arts

San Antonio Botanical Garden Society

San Antonio Chamber Choir

San Antonio Children’s Museum

San Antonio Christian Dental Clinic, Inc.

San Antonio Clubhouse, Inc.

San Antonio College/KSYM

San Antonio Dance Theatre

San Antonio Education Fund

San Antonio Food Bank, Inc.

San Antonio Metropolitan Ministry, Inc.

San Antonio Museum of Art

San Antonio Nonprofit Council

San Antonio OASIS

San Antonio Parks Foundation

San Antonio Public Library Foundation

San Antonio Report

San Antonio River Foundation

San Antonio Sports Foundation

San Antonio Symphony

San Antonio Youth for Christ

Santa Rosa Children's Hospital Foundation

Sarah Roberts French Home

SAY SI

Seguin Art League

Seton Home for Pregnant Women

Silver and Black Give Back

Society of St. Vincent de Paul

Soldiers Angels

SOLI Chamber Ensemble

Somerset ISD Education Foundation

Southwest School of Art

Special Reach, Inc.

Sports Outdoor and Recreation (Morgan's Wonderland)

SRG Force Sports

St. Mary's Hall

St. Mary's University

St. Paul's Episcopal Montessori School

St. Peter - St. Joseph Children's Home

St. Sophia Greek Orthodox Church

State of Texas Kidney Foundation

Sunshine Cottage School for Deaf Children

Support Lending for Emotional Well-Being

Symphony Society of San Antonio

Teach for America, Inc.

TEAMability, Inc.

Texas A & M University

Texas Biomedical Research Institute

Texas Diaper Bank

Texas Heritage Music Foundation

Texas Partnership for Out of School Time

Texas Public Radio

Texas Ramp Project

The Arc of San Antonio

The Center for Health Care Services Foundation

The Children's Shelter

The Immunization Partnership

The Overtime Theater

The Salvation Army

The Transplant Association of Texas

The Valor Club

THRU Project

Trinity University/KRTU

United Way of San Antonio and Bexar County

University Health System Foundation

University of Texas at San Antonio

University of Texas Health Science Center

University of the Incarnate Word

URBAN-15 Group

Variety - The Children's Charity

Voices for Children of San Antonio

Women's Global Connection of San Antonio

YMCA of Greater San Antonio

Young Women's Christian Association

Youth Orchestras of San Antonio