image

AMC Entertainment Holdings, Inc. (d/b/a AMC Theaters, 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. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres.

After acquiring Odeon CinemasUCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in both the world and the United States.[2] It has 2,200 screens in 244 theatres in Europe and over 8,200 screens in 661 theatres in the United States.[3]

The company is listed on the New York Stock Exchange; from 2012 to 2018, the Chinese conglomerate Wanda Group owned a majority stake in the company. Private equity firm Silver Lake Partners made a $600 million investment in AMC in September 2018, but the voting power of AMC shares is structured in such a way that Wanda Group still controls the majority of AMC’s board of directors.[4]

As of March 18, 2020, all AMC theaters are temporarily closed because of the COVID-19 pandemic, however, the company plans to reopen most of its theaters on August 20, 2020.[5][6] As of July 28, 2020, AMC Theaters has also signed on “a multi-year deal” with Universal Pictures on releasing new films on VOD streaming after three weekends

Rate us and Write a Review

Your review is recommended to be at least 140 characters long

image

building Own or work here? Claim Now! Claim Now!
image