A. Dale "Bud" Mayo

A. Dale “Bud” Mayo
A. Dale "Bud" Mayo
Born A. Dale Mayo
Brooklyn, New York, U.S.
Education Stuyvesant High School
Alma mater New York University
Occupation Chairman and CEO of Digital Cinema Destinations Corp.
Website www.digiplexdest.com

A. Dale “Bud” Mayo is an American business executive. He is the founder of Digital Cinema Destinations Corp. and has served as chairman and chief executive officer since its inception in July 2010.[1][2]

Early life and education

Mayo is from Brooklyn and graduated from Stuyvesant High School and New York University.[3]

Career

Digiplex

Digital Cinema Destinations Corp is also known by its brand, Digiplex Destinations, the Company is dedicated to transforming movie theaters into interactive entertainment centers and provides consumers with uniquely satisfying experiences, combining state-of-the-art digital technology with engaging, dynamic content including live sports events, concerts, conferences, operas, videogames, auctions and fashion shows in addition to major motion pictures. Digiplex is also a partner in DigiNext, a unique, specialty content venture featuring curated content from film festivals around the world.[4][5]

Digiplex operates 20 cinemas and 192 screens spanning the country from the Mid-Atlantic region to California.[6] On May 15, 2014 an announcement was made that Carmike Cinemas intends to purchase 100% of Digiplex. The June 12, 2014 issue of Variety lauded the expansion of Digiplex's successful Alternative Programming into the expanded platform of the Carmike circuit.[7]

Since the earliest stages of the exhibition industries transition from film to digital, Mayo has been an outspoken evangelizer about the benefits that Digital Cinema brings to operators and audiences alike.[8] He has been a strong advocate of "Day-Part Programming", that would align the technological capabilities of Digital Cinema with the varying audiences that tend to visit theaters throughout the typical course of the year.[9]

Cinedigm

Mayo was the Chairman, President and Chief Executive Officer of Cinedigm, a pioneer in the digital cinema industry, from April 2000 until his retirement in June 2010.

During his tenure, Cinedigm completed an IPO in 2003 and financings in excess of $600 million. Cinedigm lead the way for the transition from film to digital, a revolutionary shift for the entire motion picture industry. Cinedigm continues to provide expanded content for moviegoers as well as enabling software and integration services for producers, distributors, and exhibitors.[10]

Early career

From 1976 to 1993, Mayo was the founder, chief executive officer and sole shareholder of Clearview Leasing Corporation which completed more than $200 million in equipment lease transactions. He began his career with IBM as a computer salesman in 1965 and later co-founded more than a dozen computer services companies. During the 1970s, he served in various corporate finance positions on Wall Street.

In recognition of his contributions to the motion picture exhibition industry, Mayo was inducted into the film exhibition Hall of Fame at the industry’s Show East conference in October 2010 and earned a Telly Award in 2009. He was recipient of the Ernst & Young’s 2006 Regional Entrepreneur of the Year Award[11] and has the distinction of being nominated a second time for the 2014 Entrepreneur of the Year.[12]

Personal life

Mayo lives in Point Pleasant, New Jersey.[3]

Live theater & civic activity

Mayo has had a decades-long involvement in the performing arts in New Jersey. He served as a Board Member and Chairman of the John Harms Center, predecessor of Bergen PAC.[13] Since 1994, he has been instrumental in the development of the Community Theater of Morristown, an important regional theater, serving as a Board Member and holding various positions including member of the Finance Committee, President and Chairman. In recognition of his contributions of time, talent and generous financial support, the Community Theater was renamed the Mayo Performing Arts Center in 2011. Mayo also currently serves as a Trustee of the Ocean Medical Center Foundation.[14]

References

  1. ↑ Initial Public Offering Prospectus | SEC Filing
  2. ↑ Digital Cinema Destinations Corp. Stock Quote & Summary Data | Digital Cinema Destinations Corp. Stock Quote & Summary Data
  3. 1 2 "Movie buff's vision: founder of N.J. cinema chain sees world of possibilities". NJ.com. Retrieved 8 August 2015.
  4. ↑ SEC Form 8-K "Digital Cinema Destinations Corp. |NASDAQCM:DCIN| | June 25, 2012 Unique Specialty Content 'DigiNext' Joint Venture with Nehst
  5. ↑ Village Voice Film Review | Diginext Theatrical Release: THE AMERICAN NURSE, Documentary
  6. ↑ Official Web-site Theater Locations Archived June 14, 2014, at the Wayback Machine. | Digiplex Locations
  7. ↑ Alternative Programming strategy fast-forwards to larger national platform | Variety: Digiplex CEO on Carmike Deal, "We’re Fast-Forwarding Into a National Platform"
  8. ↑ Movie buff's clear vision Founder of cinema chains sees a world of possibility in Jersey | Rose, Lisa January 20, 2013 Star-Ledger Pg. 001
  9. ↑ Alternative opinions: leading exhibitors reflect on new forms of programming; Interview | Film Journal International April 1, 2013 Pg. 37(5) Vol.116 No. 4 ISSN 1526-9884
  10. ↑ Cinedigm Bud Mayo Founder Of Cinedigm|NASDAQ:CIDM | Cinedigm Corporate Wiki Entry
  11. ↑ Ernst & Young Entrepreneur Of The Year | Mayo Earns Ernst & Young Entrepreneur of the Year 2006
  12. ↑ County College of Morris Leadership Award Gala Archived July 15, 2014, at the Wayback Machine. | CCM Leadership Award 2014
  13. ↑ Bergen Performing Arts Center | History of Bergen PAC
  14. ↑ Ocean Medical Center Board Archived June 14, 2014, at the Wayback Machine. | Mayo Joins Ocean Medical Center Foundation Board

External links

Official links

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