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(Chuck E. Cheese pizza time theater)
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[[File:Pizza Time Theatre logo.jpg|thumb|right|Pizza Time Theatre l1977 logo
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[[File:Pizza Time Theatre logo.jpg|thumb|right|Pizza Time Theatre logo]]
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'''Chuck E. Cheese's Pizza Time Theatre''' was a chain of restaurants founded in 1977 by Atari's cofounder [[wikipedia:Nolan Bushnell|Nolan Bushnell]]. This was the original name for [[Chuck E. Cheese]].
 
'''Chuck E. Cheese's Pizza Time Theatre''' was a chain of restaurants founded in 1977 by Atari's cofounder [[wikipedia:Nolan Bushnell|Nolan Bushnell]]. This was the original name for [[Chuck E. Cheese]].
   
 
==History==
 
==History==
[[File:Nolan Bushnell with Chuck E. Cheese.jpg|thumb|right|Nolan Bushnell poses with the [[Chuck E. Cheese]] walkaround character]]
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[[File:Nolan Bushnell with Chuck E. Cheese.jpg|thumb|right|Nolan Bushnell poses with the [[Chuck E. Cheese]] walkaround character.]]
 
In 1977, while working at [[wikipedia:Atari|Atari]], Nolan Bushnell purchased Pizza Time Theatre from [[Wikipedia:Time Warner Communications|Warner Communications]].
 
In 1977, while working at [[wikipedia:Atari|Atari]], Nolan Bushnell purchased Pizza Time Theatre from [[Wikipedia:Time Warner Communications|Warner Communications]].
   
 
It had been created by Bushnell, originally as a place where kids could eat pizza and play video games, which would therefore function as a distribution channel for Atari games.
 
It had been created by Bushnell, originally as a place where kids could eat pizza and play video games, which would therefore function as a distribution channel for Atari games.
   
In 1981 Bushnell turned over day-to-day food operations of Chuck E. Cheese’s to a newly hired restaurant executive and focused on Catalyst Technologies.
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In 1981, Bushnell turned over day-to-day food operations of Chuck E. Cheese’s to a newly hired restaurant executive and focused on Catalyst Technologies.
   
During this time Bushnell was using large loans on his Pizza Time Theatre stock to fund Catalyst.
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During this time, Bushnell was using large loans on his Pizza Time Theatre stock to fund Catalyst.
   
 
By the end of 1983, Pizza Time Theatre was having serious financial problems. President and long-time friend Joe Keenan resigned that fall. Bushnell tried to step back in, blaming the money problems on overexpansion, too much tweaking of the formula, and saturation in local markets by the management team. He resigned in February 1984, when the Board of Directors rejected his proposed changes. Chuck E. Cheese's Pizza Time Theatre entered Chapter 11 bankruptcy in the fall of 1984.
 
By the end of 1983, Pizza Time Theatre was having serious financial problems. President and long-time friend Joe Keenan resigned that fall. Bushnell tried to step back in, blaming the money problems on overexpansion, too much tweaking of the formula, and saturation in local markets by the management team. He resigned in February 1984, when the Board of Directors rejected his proposed changes. Chuck E. Cheese's Pizza Time Theatre entered Chapter 11 bankruptcy in the fall of 1984.
   
[[ShowBiz Pizza Place]], a similarly-themed competitor to Pizza Time Theatre that was also struggling financially, then purchased Pizza Time Theatre and assumed its debt. The newly formed company, [[ShowBiz Pizza Time]], operated restaurants under both brands for a period of time before converting all Showbiz locations under the Chuck E. Cheese's brand via [[Concept Unification]] after [[Aaron Fechter]] of [[Creative_Engineering]] didn't agree to give the rights to [[The Rock-afire Explosion]] to [[CEC Entertainment|Showbiz]] Corporate.
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[[ShowBiz Pizza Place]], a similarly-themed competitor to Pizza Time Theatre that was also struggling financially, then purchased Pizza Time Theatre and assumed its debt. The newly formed company, [[ShowBiz Pizza Time]], operated restaurants under both brands for a period of time before converting all Showbiz locations under the Chuck E. Cheese's brand via [[Concept Unification]] after [[Aaron Fechter]] of [[Creative Engineering]] didn't agree to give the rights to [[The Rock-afire Explosion]] to [[CEC Entertainment|Showbiz]] Corporate.
 
{{Wikipedia}}
 
{{Wikipedia}}
 
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[[Category:Pizza Time Theatre| ]]
 
[[Category:Pizza Time Theatre| ]]
 
[[Category:CEC Entertainment]]
 
[[Category:CEC Entertainment]]
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[[Category:Chuck E. Cheese's]]
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[[Category:Restaurants]]

Revision as of 07:33, 7 May 2022

Pizza Time Theatre logo

Pizza Time Theatre logo

Chuck E. Cheese's Pizza Time Theatre was a chain of restaurants founded in 1977 by Atari's cofounder Nolan Bushnell. This was the original name for Chuck E. Cheese.

History

Nolan Bushnell with Chuck E

Nolan Bushnell poses with the Chuck E. Cheese walkaround character.

In 1977, while working at Atari, Nolan Bushnell purchased Pizza Time Theatre from Warner Communications.

It had been created by Bushnell, originally as a place where kids could eat pizza and play video games, which would therefore function as a distribution channel for Atari games.

In 1981, Bushnell turned over day-to-day food operations of Chuck E. Cheese’s to a newly hired restaurant executive and focused on Catalyst Technologies.

During this time, Bushnell was using large loans on his Pizza Time Theatre stock to fund Catalyst.

By the end of 1983, Pizza Time Theatre was having serious financial problems. President and long-time friend Joe Keenan resigned that fall. Bushnell tried to step back in, blaming the money problems on overexpansion, too much tweaking of the formula, and saturation in local markets by the management team. He resigned in February 1984, when the Board of Directors rejected his proposed changes. Chuck E. Cheese's Pizza Time Theatre entered Chapter 11 bankruptcy in the fall of 1984.

ShowBiz Pizza Place, a similarly-themed competitor to Pizza Time Theatre that was also struggling financially, then purchased Pizza Time Theatre and assumed its debt. The newly formed company, ShowBiz Pizza Time, operated restaurants under both brands for a period of time before converting all Showbiz locations under the Chuck E. Cheese's brand via Concept Unification after Aaron Fechter of Creative Engineering didn't agree to give the rights to The Rock-afire Explosion to Showbiz Corporate.

Wikipedia

This page uses content from the English Wikipedia.

The original article was at {{{1}}}. The list of authors can be seen in the page history. As with ShowBiz Pizza Place, the text of Wikipedia:ShowBiz Pizza Place is available under the Wikipedia:GNU Free Documentation License.