Theaters", "Odeon & UCI cinemas sold to China-owned firm - BBC News", "AMC Theatres' Odeon & UCI Acquisition Gets EU Approval", "AMC Entertainment's Acquisition Of Odeon & UCI Clears European Commission", "AMC Entertainment Holdings, Inc. Signs Definitive Agreement to Acquire Nordic Cinema Group", "Wanda Expands Global Theater Reach as AMC Pays $929 Million for Nordic Cinema", "AMC Entertainment Holdings, Inc. Completes Acquisition of Nordic Cinema Group", "AMC Theatres, Form 10-Q, Quarterly Report, Filing Date Feb 13, 2009", "AMC Theatres Reverses Policy—Will Enforce Masks on Moviegoers", https://en.wikipedia.org/w/index.php?title=AMC_Theatres&oldid=999974102, Entertainment companies established in 1920, Movie theatre chains in the United States, Companies listed on the New York Stock Exchange, Wikipedia articles needing factual verification from August 2020, Articles with unsourced statements from July 2012, Creative Commons Attribution-ShareAlike License, 4,408 full-time and 35,754 part-time (December 2018). AMC Entertainment Holdings Inc. agreed to buy Carmike Cinemas Inc. in a cash deal that would make a Chinese-owned company the largest movie-theater operator in the U.S. AMC … In July 2012, four locations were sold to Cineplex Entertainment, and two more locations were sold to Empire Theatres and later acquired by Landmark Cinemas. AMC Entertainment Holdings, Inc. (d/b/a AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world. AMC Theatres, largest owner of movie theaters, now says it will require masks. [34] The deal was finalized on September 4, 2012. A quarter of the 1,021 people on the Hurun List made their money from real estate, which passed manufacturing to become this year’s leading source of wealth. We thought it might be counterproductive if we forced mask wearing on those people who believe strongly that it is not necessary. Shares of theater chain AMC Entertainment Holding Inc. AMC, +7.14% were down 6% on relatively light volume during premarket trade on Tuesday … He renamed Durwood Theatres as American Royal Cinema on October 1, 1968.[10]. In October 1988, they announced a joint venture with United Artists and Cinema International Corporation (a partnership of Paramount Pictures and Universal Studios), to run their combined cinemas in the UK, Ireland under the AMC name, however, AMC pulled out of the joint venture in December 1988, and sold their U.K. assets, including their 12 cinemas, to the new entity (later called United Cinemas International) for $98 million and withdrew from the UK market.[16][17][18]. On March 3, 2016, AMC announced its intent to acquire Carmike Cinemas in a $1.1 billion deal, pending regulatory and shareholder approval, which would allow it to overtake Regal as the United States' largest movie theater chain. AMC Broadway Plaza 12 in Birmingham, United Kingdom in 2007. However, points were limited to a maximum of four points per three-hour time period, which was equal to two tickets. In 1995, they introduced "Love Seat" style seating with retractable armrests so that there can be no barrier between two seats. [55] The company upgraded its air filtration systems to four times the rates before the pandemic and installed electrostatic sprayers in the auditoriums. The AMC Pleasure Island 24 megaplex in Orlando, situated directly across from Planet Hollywood's most successful restaurant and retail unit and adjacent to Disney's Pleasure Island (now Disney Springs) was to be the first Planet Movies location. [26][27], Stanley Durwood died in 1999, and his successor was Peter Brown, the first non-Dubinsky/Durwood family member to head the company. From 1989 to 1993, AMC used a logo either one filled diamond (for use in the acronym-only version of the logo) or two filled diamonds stacked over one another (used in the logo with the channel's full name at the time "American Movie Classics"). Wang Jianlin, the billionaire Chinese real estate developer who acquired AMC Theatres last year, is China’s richest man. [41] The deal was closed on December 25, 2016, making AMC the largest cinema chain in the United States. Thanks to a surge in stock prices, soaring real estate values and China’s rapidly growing economy, the number of Chinese worth at least $1 billion increased by 64 to 314 this year. [29] Under new leadership, one of the first major announcements came in March of the same year; the company announced that it would equip 1,500 of its screens with Real D projectors. [5], As of March 18, 2020, all AMC theaters were temporarily closed because of the COVID-19 pandemic, however, the company reopened a majority of its theaters on August 20, 2020. The location was also located alongside an Official All Star Café and Planet Hollywood restaurant. The company threatened that this will also be done with any other studio "who unilaterally abandons current windowing practices absent good faith negotiations between us, so that they as distributor and we as exhibitor both benefit and neither are hurt from such changes. Now, with Joe Biden and Democrats taking power, no state is more influential in setting a policy agenda. On Monday, AMC's picture continued to dim as Wall Street weighed in on the likely options facing the chain. The original appearance of AMC Citywalk Stadium 19 with IMAX in Universal City, California. The state of Kansas had offered $47 million in incentives to get the 400 jobs to move. The program was announced in 2010 via the AMC Blog,[90] and has been responsible for promoting and distributing all independent films to AMC theaters since.[91][92][93]. A handful of directors consider the upcoming academy diversity rules and land on a cautiously optimistic outlook, After penning the script, Tom Hanks goes to war on the set of ‘Greyhound’. [citation needed]. It’s a vibe. Able-bodied guests had to ascend the stairs to sit in the middle of the risers in order to have a comfortable line-of-sight with the screen. The latest round was in Jul 2020. Those businesses are hurting for the same reasons that AMC … On December 13, 1996, AMC opened the Ontario Mills 30, a 30-screen theater in Ontario, California, which at the time was the largest multiplex in the world. Since some wheelchair users may have limited neck movement range, this configuration made AMC a popular target for Americans with Disabilities Act (ADA) lawsuits. The seats are placed on risers so that each person has an unobstructed view of the screen. ‘Light at the end of tunnel’ or a small blip? They bought Regent Theater in Kansas City, and named it Durwood Theaters. The Planet Movies by AMC venture planned to open complexes worldwide with the objective of having icon locations in major metropolitan and other select areas, like Orlando and Columbus. [30] In the same month, AMC Theatres announced it had closed on a $315 million deal with Sony to replace all of its reel projectors with digital cinema projectors, starting in the second quarter of 2009 and completing in 2012. AMC has acquired multiple other theater chains throughout its history, resulting in a total of 385 theaters with 5,128 screens in six countries: In March 2002, AMC bought General Cinema Corporation, which added 66 theaters with 621 screens to the company assets,[94] as well as Gulf States Theaters, which had five theaters with 68 screens in the greater New Orleans area. The consensus is ... maybe? Who gets hurt the most here in an AMC bankruptcy equation are landlords. He also covered Warner Bros. Aron will also be . Colossal Wall-to-Wall Screen", AMC Theaters Backs Virtual Reality With $20 Million Investment, "AMC Theatres - movie times, movie trailers, buy tickets and gift cards", "AMC Entertainment, Form 10-K, Annual Report, Filing Date May 25, 2012", "AMC Stubs - Collect Memories. They purchased the Regent Theatre on 12th Street between Walnut and Grand in downtown Kansas City, Missouri. The Dubinskys eventually changed their name to Durwood, and the company they formed eventually became known as Durwood Theatres. [86] At Universal Studios Florida, AMC had the Universal Cineplex 20 (also a former Cineplex Odeon), until September 2018 when it became a Cinemark. So they traded roles. Updated Jun 19, 2020; Posted Jun 19, 2020 . Drinks can be ordered to be drank in the bar and lounge area or taken into the theater. 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