AMC Entertainment is a movie theater chain headquartered in Leawood, Kansas, United States. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal Entertainment Group and Cinemark Theatres. AMC operates in the United States, Canada, the United Kingdom, France, Spain, Portugal, Turkey, Hong Kong, the Netherlands, and Germany.
AMC Entertainment’s history dates back to 1917, when Edward Durwood started the Durwood Theatres Company in Kansas City, Missouri. By 1924, Durwood had acquired or built 24 theaters in the Midwest and Southwest and had changed the company name to Durwood Enterprises. In 1961, the United States Supreme Court ruled in United States v. Paramount Pictures, Inc. that movie studios could not own theaters outright, and as a result, Durwood divested his holdings, selling 12 theaters to Stanley Durwood, his son and future AMC CEO.
In 1968, Stanley Durwood took control of Durwood Enterprises, then renamed Durwood Theatres, and in 1973, he acquired the Midwest chain Mann Theatres. By 1976, Stanley Durwood had renamed Durwood Theatres to American Multi-Cinema, Inc. (AMC), and the company had grown to 50 theaters in the United States. In 1979, AMC was acquired by the Wanda Group, a Chinese conglomerate, and AMC’s growth continued. In 2002, AMC was taken private by a group of investors led by J.P. Morgan Partners. In 2006, AMC was acquired by a group of investors led by Apollo Global Management and The Carlyle Group, and taken public again.
In 2012, AMC Theatres announced a plan to build up to 300 dine-in theaters across the United States by the end of 2015. The first location opened in Harrison, Arkansas in 2013, and as of February 2015, AMC had opened 24 dine-in theaters.
In 2015, AMC Theatres announced plans to open a location in Dubai, United Arab Emirates, in partnership with Majid Al Futtaim Cinemas. The first location is set to open in Mall of the Emirates in 2016.AMC Entertainment Holdings, Inc. is an American entertainment company headquartered in Leawood, Kansas, and is 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 Entertainment Group and Cinemark Theatres. AMC Theatres was founded in 1920 by the Durwood brothers, who opened the chain’s first theater in Kansas City, Missouri. In 1961, the company was purchased by Stanley Durwood, and then in 1963, it was purchased again by the Kinney National Company. In 1968, the company was taken private by Trans-Lux Corporation. In 1976, the company went public as AMC Theatres, Inc. In 2001, AMC was purchased by a group of investors led by Apollo Global Management and Bain Capital in a leveraged buyout. In May 2012, AMC Theatres announced plans to go public again. On December 18, 2013, AMC Theatres debuted on the New York Stock Exchange, using the ticker symbol AMC.AMC Entertainment Holdings, Inc. is an American entertainment company 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 Entertainment Group and Cinemark Theatres. AMC Theatres was founded in 1920 by Edward Durwood as Durwood Theatres, and was later acquired by Stanley Durwood in 1961. In the 1970s, Stanley Durwood took AMC public and then in the 1980s and 1990s, AMC expanded its theatre operations aggressively, making major corporate acquisitions and opening multiplexes across the United States. AMC is now a publicly traded company.
In May 2012, AMC Theatres announced a partnership with NCM Media Networks to provide AMC with exclusive first-run movie content for its theatres. AMC Theatres operates more than 300 locations in the United States, and over 1,000 screens internationally. The company’s locations include multiplexes, dine-in theatres, and IMAX venues.
As of Q2 2020, AMC Theatres’ global circuit is the largest movie theatre chain in the world with 11,433 screens across 661 locations in 15 countries, including 1,006 in the United States. In the United States, AMC Theatres is the second-largest movie theatre chain behind Regal with 5,334 screens across 546 locations as of June 2020. However, AMC Theatres is the largest theatre chain in the world in terms of market share.
AMC Theatres was founded in 1920 by American businessman Edward Durwood as Durwood Theatres. In 1961, Stanley Durwood acquired the company and renamed it American Multi-Cinema, Inc. (AMC). The company grew rapidly in the 1970s and 1980s, going public in 1971 and building a large number of multiplexes across the United States. In the late 1980s and early 1990s, AMC was the largest theatre chain in the United States, but was eventually eclipsed by the larger Regal Entertainment Group.
In May 2012, AMC Theatres announced a partnership with NCM Media Networks to provide AMC with exclusive first-run movie content for its theatres. AMC Theatres operates more than 300 locations in the United States, and over 1,000 screens internationally. The company’s locations include multiplexes, dine-in theatres, and IMAX venues.
As of Q2 2020, AMC Theatres’ global circuit is the largest movie theatre chain in the world with 11,433 screens across 661 locations in 15 countries, including 1,006 in the United States. In the United States, AMC Theatres is the second-largest movie theatre chain behind Regal with 5,334 screens across 546 locations as of June 2020. However, AMC Theatres is the largest theatre chain in the world in terms of market share.
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