<ARTICLE> 5 <CIK> 0001046282 <NAME> HOLLYWOOD THEATERS INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,713 <SECURITIES> 0 <RECEIVABLES> 1,066 <ALLOWANCES> 0 <INVENTORY> 1,158 <CURRENT-ASSETS> 10,094 <PP&E> 152,834 <DEPRECIATION> (9,397) <TOTAL-ASSETS> 184,824 <CURRENT-LIABILITIES> 192,413 <BONDS> 0 <PREFERRED-MANDATORY> 2,872 <PREFERRED> 65,219 <COMMON> 15,553 <OTHER-SE> (93,008) <TOTAL-LIABILITY-AND-EQUITY> 184,824 <SALES> 101,894 <TOTAL-REVENUES> 101,894 <CGS> 44,257 <TOTAL-COSTS> 44,257 <OTHER-EXPENSES> 114,354 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,475 <INCOME-PRETAX> (71,192) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (71,192) <EPS-PRIMARY> 0 <EPS-DILUTED> 0