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AMC Theatres

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A trade name , trading name , or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name . Registering the fictitious name with a relevant government body is often required.

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82-536: AMC Entertainment Holdings, Inc. ( doing business as 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 founded in Kansas City, Missouri , and now headquartered in Leawood, Kansas . It is the largest movie theater chain in the world. Founded in 1920, AMC has

164-478: A dynamic pricing model for tickets for showings that occur after 4pm based on seat location. Seats located near the front of the theatre and select ADA seats will be priced less than other seats and will only be made available to members of the Stubs rewards program and seats in the middle of the theatre will be priced more than the other non-front row seats. In addition, AMC Stubs A-List members will be able to reserve

246-470: A "significant" number of upcoming blockbuster films as signs of optimism. Aron also confirmed that Wanda no longer had majority control, and the company would now "be governed like most other publicly traded companies with a wide array of shareholders". In June 2021, retail investors once again poured into AMC stock, propelling shares to an all-time high of $ 77.26 in another alleged short squeeze. Short sellers betting against AMC incurred losses of over $ 2.8B as

328-671: A 0.002% stake with the SEC, largely confirming the end of their involvement in AMC. During its fourth-quarter earnings call in March 2021, the company reported that its revenue had fallen by 88% year-over-year. CEO Adam Aron stated that AMC was facing the "most challenging market conditions in the 100-year history of the company", but cited progress on COVID-19 vaccinations, decisions to allow cinemas in New York City and Los Angeles to re-open, and

410-420: A DBA must be registered with a local or state government, or both, depending on the jurisdiction. For example, California, Texas and Virginia require a DBA to be registered with each county (or independent city in the case of Virginia) where the owner does business. Maryland and Colorado have DBAs registered with a state agency. Virginia also requires corporations and LLCs to file a copy of their registration with

492-467: A DBA statement, though names including the first and last name of the owner may be accepted. This also reduces the possibility of two local businesses operating under the same name, although some jurisdictions do not provide exclusivity for a name, or may allow more than one party to register the same name. Note, though, that this is not a substitute for filing a trademark application. A DBA filing carries no legal weight in establishing trademark rights. In

574-427: A U.S.-based subsidiary of Wanda Group issued a filing with the SEC, stating that it had converted its Class B common stock to Class A shares to permit their sale. While Wanda remained AMC's largest single shareholder, the conversion, as well as AMC's financing efforts taking its stake below 37%, effectively surrendered its majority control since Class A stock only provides one vote per-share. On May 21, 2021, Wanda filed

656-486: A bar service under the MacGuffins brand. These are primarily offered at AMC and AMC Dine-in locations, but some AMC Classic locations with liquor licenses offer their alcoholic beverages under this brand. Drinks can be ordered to be consumed in the bar and lounge area or taken into the theater. Some AMC Dine-in theaters have their MacGuffins set up as a full-service restaurant that can be accessed without having to pay for

738-516: A businessperson writes a trade name on a contract, invoice, or cheque, they must also add the legal name of the business. Numbered companies will very often operate as something other than their legal name, which is unrecognizable to the public. In Chile , a trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Ireland , businesses are legally required to register business names where these differ from

820-659: A four-alarm fire that caused the restaurant's complete destruction as well as damage to surrounding buildings. JJ's returned in November 2014 to a new location, still in the Country Club Plaza area. In 2016 Highwoods announced plans to sell the retail complex for $ 660 million to a 50-50 joint venture of Taubman Centers and The Macerich Company . On February 2, 2018, Nordstrom announced it would be moving from Oak Park Mall in Overland Park, Kansas to

902-539: A joint venture with United Artists Theaters 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

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984-465: A large explosion destroyed JJ's Restaurant on the Plaza. Believed to be caused by a gas leak, the blast left at least one person dead and sixteen injured. According to a statement from Missouri Gas Energy , a contractor doing underground work struck a gas line. Witnesses had reported a strong odor of natural gas in the area most of the afternoon. The initial explosion happened shortly after 6 p.m. and led to

1066-506: A legal fight with his brothers. The chain also had theaters in St. Joseph and Jefferson City, Missouri and Leavenworth and Topeka, Kansas . When Edward's son Stanley left the U.S. Air Force after World War II , he joined the company in 1945. He persuaded his father to build drive-in theaters in St. Joseph, Jefferson City, and Leavenworth. In 1947 they expanded further with the acquisition of

1148-419: A major flood of Brush Creek caused severe damage to the Plaza and resulted in a number of deaths. The flood prompted a vast renovation and revitalization of the area that has allowed it not only to survive but to thrive. In 1998, the J.C. Nichols Company merged with Raleigh, North Carolina -based real-estate investment trust Highwoods Properties, which now runs the Country Club Plaza. On February 19, 2013,

1230-529: A movie ticket. Doing business as In a number of countries, the phrase " trading as " (abbreviated to t/a ) is used to designate a trade name. In the United States , the phrase " doing business as " (abbreviated to DBA , dba , d.b.a. , or d/b/a ) is used, among others, such as assumed business name or fictitious business name . In Canada , " operating as " (abbreviated to o/a ) and " trading as " are used, although " doing business as "

1312-525: A new space on the Country Club Plaza expected to open in fall 2023. The plans were cancelled in 2022. In July 2024, HP Village Management acquired Country Club Plaza in Kansas City from Macerich and Taubman Centers. The basic design of the Country Club Plaza reflects classic European influences, especially those of Seville, Spain , yet it does not include a traditional open plaza. There are more than 30 statues, murals, and tile mosaics on display in

1394-458: A registered legal name and a fictitious business name, or trade name, is important because fictitious business names do not always identify the entity that is legally responsible . Legal agreements (such as contracts ) are normally made using the registered legal name of the business. If a corporation fails to consistently adhere to such important legal formalities like using its registered legal name in contracts, it may be subject to piercing of

1476-447: A result. AMC issued more shares during the surge, but warned potential investors against buying the shares "unless you are prepared to incur the risk of losing all or a substantial portion of your investment". The cinema chain operator said it believed current prices reflected "market and trading dynamics unrelated to our underlying business". In the year to date, shares in AMC had soared 2,421% – despite its cinemas being largely shut during

1558-585: A shorter theatrical window of 17 days before Universal could release their films via premium VOD, as well as revenue sharing on the premium VOD window. On August 20, 2020, AMC began the process of reopening selected locations in the United States where allowed under local health orders. In honor of the company's centennial year, AMC also offered a special 15-cent ticket promotion that day, promoted as "Movies in 2020 at 1920 Prices." The company aimed for at least two thirds of its locations to be open in time for

1640-460: A single calendar month. Manual adjustments would be made for purchases made within 30 calendar days from date of original purchase. As of March 29, 2012, AMC Stubs had 3.2 million members, which represents approximately 18% of AMC attendance during fiscal 2012. In July 2018, AMC Stubs was split into three programs that are currently still in-place: the free AMC Stubs Insider; the yearly fee-based AMC Stubs Premiere, which costs $ 15 annually and provides

1722-561: A small ten-theatre chain. With an interstate planned around Kansas City, Durwood looked to sites outside downtown and acquired two sites at a shopping center on Kansas City's Ward Parkway to build a 700-seat theater. As the sites could not be combined, they opened two theaters side-by-side as the Parkway Twin Theatre in 1963. This was the company's first foray into using the multiplex model. According to Variety , Stanley Durwood later claimed in 1962 that he "was standing in

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1804-492: Is about 4 miles (6.4 km) south of downtown , between 46th Street and Brush Creek to the north and south and between Mill Creek Parkway and Madison Avenue to the east and west. The Kansas state line is one mile (1.6 km) to the west. The neighborhoods surrounding the Plaza consist of upscale apartment buildings and mansions, especially those of the Country Club District built along Ward Parkway on

1886-454: Is also sometimes used. A company typically uses a trade name to conduct business using a simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is already registered. Using one or more fictitious business names does not create additional separate legal entities. The distinction between

1968-589: Is called a razón social . Country Club Plaza The Country Club Plaza (often called The Plaza ) is a privately owned regional shopping center in the Country Club District of Kansas City , Missouri . Opened in 1923, it is considered to be the first planned large outdoor suburban shopping center in the United States and among the first regional centers to accommodate shoppers arriving by car. Planned in 1922 by J. C. Nichols and designed in Baroque Revival and Moorish Revival style echoing

2050-531: Is situated at the northern terminus of Ward Parkway , a boulevard known for its wide, manicured median lined with fountains and statuary that traverses the Country Club District. Nichols selected the location carefully to provide residents with a direct route to the Plaza along Ward Parkway. Nichols began acquiring the land for the Plaza in 1907, in an area of Kansas City that was then known as Brush Creek Valley . When his plans were first announced,

2132-504: The American Royal livestock and horse show, but the latter's producers sought an injunction, and the name was changed to American Multi-Cinema, Inc. Stanley began to apply military management and the insights of management science to revolutionize the movie theatre industry. As he later explained to Variety magazine, "We needed to define what our company was doing in the (exhibition) business. My dad wasn't that organized." It

2214-492: The Ritz-Carlton Hotel, higher-end restaurants, and upscale retailers including Gucci , Polo Ralph Lauren , FAO Schwarz , Saks Fifth Avenue , Bally , and Swanson's. Today, the Plaza is home to a number of high-end and unique-to-market stores including Tiffany & Co. , Michael Kors , Kate Spade New York , Eileen Fisher , Indochino , Free People , Tommy Bahama and Vineyard Vines . On September 12, 1977,

2296-466: The United Kingdom , there is no filing requirement for a "business name", defined as "any name under which someone carries on business" that, for a company or limited liability partnership, "is not its registered name", but there are requirements for disclosure of the owner's true name and some restrictions on the use of certain names. A minority of U.S. states, including Washington , still use

2378-554: The 400 jobs to move across the Kansas/Missouri border. After reaching a settlement with the state of Illinois regarding complaints from a disability rights organization in April 2012, AMC pledged to equip all of its theaters in the state with captioning and description services by 2014. The disability rights group had accused the company of only providing closed captioning or audio description systems at some of its locations in

2460-901: The AMC Arrábida 20 in Porto, Portugal . In January 2002, the 16-screen Great Northern theatre was opened in Manchester in the U.K., marking the chain's return to the UK market after 14 years. This was later supplemented by the opening of a 12-screen cinema on the Broadway Plaza site in Birmingham in October 2003. AMC Theatres sometimes serve a dual function; in addition to the regular cinema functions, they also cater to companies' business conferences that can make use of their projectors for displaying presentations. In 2004, AMC Theatres

2542-468: The AMC cinemas that were not part of the Loews Cineplex acquisition and therefore ticketed by MovieTickets.com , the website's surcharge was waived for MovieWatcher members. On April 1, 2011, AMC started a new rewards program known as AMC Stubs, which could be purchased for a fee of $ 12 for an entire year. For that initial fee, members would receive $ 5 on every $ 50 spent between the box office and

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2624-626: 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 was structured so that Wanda Group still controlled the majority of AMC's board of directors. Amid financial downturns caused by the COVID-19 lockdowns , in January 2021, Wanda's ownership

2706-714: The Liberty Theater in downtown Kansas City which they remodeled and renamed the Roxy. They won an antitrust suit to enable them to show first-run product at the Roxy and went on to acquire all of the downtown cinemas in Kansas City including The Empire Theater , the Capri Theatre , the Midland Theatre and the Paramount Theatre. In 1961, after Ed died, Stanley took control of Durwood Theatres,

2788-582: The Midwest performing melodramas and tent shows with actress Jeanne Eagels . They purchased the Regent Theatre on 12th Street between Walnut and Grand in downtown Kansas City, Missouri . Maurice, the oldest brother, died in 1929, and Barney left the company in 1936 after being injured in an auto accident. Edward, the youngest brother, eventually changed his last name to Durwood, and the company they formed eventually became known as Durwood Theatres, after

2870-415: The Plaza combined some higher-end shops, such as Harzfeld's , with a mix of more mid-level retailers such as Sears and Woolworth's , as well such quotidian enterprises as a bowling alley, movie theater, and a grocery store to serve the daily needs of residents of the district. . From around 1970, competition from newer suburban shopping malls led management to reposition the Plaza with luxury hotels such as

2952-510: The Plaza for the local entertainment/performances and to watch the switch-throwing to initiate the Christmas season . A special guest or celebrity "flips the switch" each year. The Plaza's "Season of Lights" is one of the city's oldest traditions. The lights are turned on Thanksgiving evening and shine overnight through mid-January of the following year. The one or two-hour ceremony is broadcast live on local television station KMBC . During

3034-421: The Plaza was designed and built to accommodate visitors arriving by automobile, it is unlike modern shopping malls with sprawling parking lots: parking is concealed in multilevel parking garages beneath and behind the shops, or on the rooftops of buildings. The Plaza was also the first shopping center to use the percentage lease, where rents are based on a percentage of the gross receipts of tenants. This concept

3116-523: The Plaza's southern and southwestern side. The buildings are arrayed along a collection of streets at the northern edge of the Country Club District, which leads the center to blend in with the apartment and office buildings and houses that surround it. The Country Club Plaza was named for the associated Country Club District , the neighborhood developed by J.C. Nichols which surrounded the Kansas City Country Club (now Loose Park ). It

3198-566: The September 3 release of Tenet . The company upgraded its air filtration systems to four times the rates before the pandemic and installed electrostatic sprayers in the auditoriums. In October 2020, the company reported that its existing cash resources "would be largely depleted by the end of 2020 or early 2021." On January 26, 2021, AMC stated that it had raised $ 917 million in new funding, including $ 506 million in equity and new common shares, and commitments for $ 411 million in debt financing. The company stated that this new funding "should allow

3280-418: The U.S., trademark rights are acquired by use in commerce, but there can be substantial benefits to filing a trademark application. Sole proprietors are the most common users of DBAs. Sole proprietors are individual business owners who run their businesses themselves. Since most people in these circumstances use a business name other than their own name, it is often necessary for them to get DBAs. Generally,

3362-728: The UK market. In 1988, Kinepolis Brussels , the first megaplex in the world, with 25 screens and 7,600 seats, was opened by Kinepolis , the European chain. In 1995, AMC Theatres opened the first North American megaplex, the AMC Grand 24 in Dallas, Texas , a theater complex that could accommodate thousands. AMC continued to open other megaplex theaters, such as the AMC Hampton Towne Center 24 in Hampton, Virginia, and

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3444-403: The United States through the end of 2026. Selected AMC locations offer premium screens and features for a higher ticket price, including premium large formats . AMC Entertainment Holdings Inc. invested $ 20 million in virtual-reality arcades and productions: $ 10 million to virtual reality entertainment company Dreamscape Immersive and another $ 10 million in a content fund. AMC Theatres created

3526-483: The announcement of its "AMC Preferred Equity Units" after market close, a new preferred share class. The units were to be listed on the New York Stock Exchange under the symbol "APE," a nod to the individual investors who turned the company into a meme stock , who often refer to themselves as "apes". Over 516 million APE units were subsequently issued to AMC shareholders in a 1:1 special dividend, with

3608-807: The architecture of Seville, Spain , The Plaza comprises numerous, large city blocks of high-end retail establishments, restaurants, and entertainment venues, as well as offices. The Country Club Plaza is named in the Project for Public Spaces ' list 60 of the World's Great Places . It encompasses a 14-block area, and includes 40 statues, fountains and sculptures; 12 towers; carriage rides and sidewalk cafes; and at one time, 180 shops and restaurants. As of 2020, there were more than 70 stores and shops in 18 separate buildings representing 784,000 square feet (72,800 m ) of retail space and 219,000 square feet (20,300 m ) of office space. The 55-acre (22 ha) site

3690-517: The area, as well as major architectural reproductions, such as a half-sized Giralda Tower of Seville (the tallest building in the Plaza). The Plaza also includes reproductions of San Francisco's Path of Gold streetlights. Other works of art celebrate the classics, nature, and historical American themes such as westward expansion , and a magnificent fountain featuring four horses rearing up on their hind legs, designed by Henri-Léon Gréber . Although

3772-770: The chain's busiest theater in the US, the AMC Empire 25 in New York City near Times Square . 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. AMC Theatres' megaplex theatres were a success overseas as well. In April 1996, they opened Canal City 13 in Fukuoka, Japan , which was followed on December 20, 1996, by

3854-677: The closure of all of its theaters due to the COVID-19 pandemic , in compliance with CDC guidance against any gathering of over ten people. AMC said this shutdown would last for at least six to twelve weeks. On March 25, 2020, AMC furloughed all of its 600 corporate employees, including CEO Adam Aron. All furloughed corporate AMC employees and associates retained active employment status, including all health benefits. On April 28, 2020, AMC announced they would no longer carry films from Universal Pictures after NBCUniversal CEO Jeff Shell commented in The Wall Street Journal that

3936-434: The company is above 30%) that, even after reducing its ownership of AMC common stock to just under 50% by the end of 2019, Wanda Group continued to retain majority control over AMC's board of directors. In October 2019, AMC began to offer on-demand rentals and purchases of digital film releases under the banner AMC Theatres On Demand. The service is tied to the company's Stubs loyalty program. On March 18, 2020, AMC announced

4018-678: The company to make it through this dark coronavirus-impacted winter". The next day, as part of a wider series of short squeezes coordinated by the Reddit community r/wallstreetbets (which primarily targeted video game retailer GameStop ), AMC experienced a major, 300% surge in its share price to a peak of $ 20.36. The surge triggered Silver Lake Partners' convertible bonds ; on January 28, it reached an agreement to convert $ 600 million of its debt holdings in AMC to equity at $ 13.51 per-share. Mudrick Capital Management made nearly $ 200 million in profit off its holdings of AMC debt. On February 5, 2021,

4100-410: The company's management to withdraw from such an offering on May 3, 2007. The company filed for a $ 450 million IPO in its third such filing since 2006 on July 14, 2010. Stanley Durwood died in 1999, and his successor was Peter Brown, the first non-Dubinsky/Durwood family member to head the company. Gerardo I. Lopez succeeded Brown as president and CEO of AMC Theatres on March 2, 2009. Previously, Lopez

4182-572: The concession stand at any AMC theater nationwide. AMC Stubs members also received a free size upgrade with every popcorn and drink they purchase (for example, an AMC Stubs member can get a large popcorn for the price of a regular). Other perks include birthday gifts and waived ticketing fees for online ticketing sites such as MovieTickets.com and Fandango and also online ticket purchases through AMC's own website and mobile app. Receipts or ticket stubs were required for manual adjustments. No more than four manual adjustments would be allowed per account in

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4264-484: The corporate veil . In English , trade names are generally treated as proper nouns . In Argentina , a trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Brazil , a trade name is known as a nome fantasia ('fantasy' or 'fiction' name), and the legal name of business is called razão social (social name). In some Canadian jurisdictions , such as Ontario , when

4346-534: The county or city to be registered with the State Corporation Commission. DBA statements are often used in conjunction with a franchise . The franchisee will have a legal name under which it may sue and be sued, but will conduct business under the franchiser's brand name (which the public would recognize). A typical real-world example can be found in a well-known pricing mistake case, Donovan v. RRL Corp. , 26 Cal. 4th 261 (2001), where

4428-529: The end of the year. This cost reduction would be accomplished by reducing operating hours, cutting staffing levels, and other measures. In September 2018, Silver Lake Partners made a $ 600 million investment in AMC Theatres, whose proceeds were used to repurchase approximately 32% of Wanda Group's class B common stock . However, the voting power of AMC's shares is structured in such a way (granting three votes per-share for each Class B share if its stake in

4510-519: The expensive middle seats at no additional charge. In July 2023 AMC chose to abandon dynamic pricing after testing showed that customers were still not likely to choose front-row seats despite their lower prices, with most customers still sitting in the middle of the theatre or other non-front seats despite the upcharge. This made AMC believe that this made their prices less competitive as competitors did not also adapt dynamic pricing. The company also stated that it would test seats that recline further back in

4592-583: The first suburban center with common management and tenant selection, and the first with unified architecture. New Urbanist land developer Andres Duany noted in Community Builder: The Life & Legacy of J.C. Nichols that the Country Club Plaza has had the longest life of any planned shopping center in the history of the world. One of its oldest retailers is the Jack Henry Clothing company, founded in 1931. While

4674-500: The front rows that would potentially allow better views. On July 31, the company reported their highest single-week admissions revenue in company history due to the Barbenheimer craze. On September 6, AMC announced that it had planned to sell up 40 million shares. AMC patented cup holder armrests in 1981. AMC also introduced stadium-style seating. The seats are placed on risers so that each person has an unobstructed view of

4756-475: The largest share of the U.S. theater market ahead of Regal Cinemas and Cinemark Theatres . After acquiring Odeon Cinemas , UCI Cinemas , and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. It has 2,807 screens in 353 European theatres and 7,755 screens in 593 American theatres. The company is listed on the New York Stock Exchange ; from 2012 to 2018,

4838-402: The law is to protect the public from fraud, by compelling the business owner to first file or register his fictitious business name with the county clerk, and then making a further public record of it by publishing it in a newspaper. Several other states, such as Illinois , require print notices as well. In Uruguay , a trade name is known as a nombre fantasía , and the legal name of business

4920-747: The lobby of his 600-seat Roxy in Kansas City mulling over its poor grosses, when he realized he could double his box office by adding a second screen and still operate with the same size staff." Following the success of the Parkway Twin, AMC followed up with the Embassy 3 triplex at the Country Club Plaza ; the Metro Plaza, a four-screen theater in Kansas City in 1966; and a six-screen theater in Omaha in 1969. The industry quickly embraced

5002-466: The multiplex concept, where additional screens meant very little difference in staff and operating costs but resulted in a significant profit increase. The concept also provided more film choices at one location, drawing bigger crowds. It also gave owners the flexibility to show big hits on more screens and less reliance on any individual film that could turn out to be a bust. Stanley renamed Durwood Theatres as American Royal Cinema on October 1, 1968, after

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5084-461: The named defendant, RRL Corporation, was a Lexus car dealership doing business as " Lexus of Westminster ", but remaining a separate legal entity from Lexus, a division of Toyota Motor Sales, USA, Inc. . In California , filing a DBA statement also requires that a notice of the fictitious name be published in local newspapers for some set period of time to inform the public of the owner's intent to operate under an assumed name . The intention of

5166-401: The now-defunct MovieWatcher program that rewarded frequent movie-goers similar to other rewards programs but featured innovative aspects. It was based on a points-per-movie-ticket-purchased system, with rewards varying from concessions to movie passes based on point-based level. However, points were limited to a maximum of four points per three-hour time period, which was equal to two tickets. For

5248-438: The pandemic. In August 2021, the company revealed plans to begin accepting cryptocurrencies such as Bitcoin for purchases in the future, which it did in November 2021 for online purchases via PayPal . In April 2022, AMC added integration with BitPay as a payment provider to its mobile app, allowing customers to use crypto payments such as Dogecoin and Shiba Inu . On August 4, 2022, AMC took Wall Street by surprise with

5330-429: The positive contributions that Nichols made to Kansas City and urban development are undeniable, there is a dark history of how his influence impacted marginalized communities within Kansas City. Nichols is responsible for " redlining " and residential covenants that kept Blacks , Jews , and other marginalized people from purchasing homes and living in the more desirable areas of Kansas City. For its first four decades,

5412-596: The project was dubbed 'Nichols' Folly' because of the then seemingly undesirable location; at the time, the only developed land in the valley belonged to the Country Day School (now the Pembroke Hill School ), and the rest was known for pig farming. . Nichols employed architect Edward Buehler Delk to design the new shopping district. The Plaza was opened in 1923. It was the first regional shopping center designed with parking for automobile access,

5494-583: The same benefits as the original Stubs plus an expedited line at tickets and concessions; and the monthly fee-based AMC Stubs A-List, which includes up to 3 movie tickets a week to any film in any format for $ 19.95 to $ 23.95 a month, depending on the state the member plans to watch movies in. Discount Tuesdays is another feature every Tuesday for members to purchase tickets typically for just $ 6 to any film in most locations, with occasional exclusions, plus surcharges for premium formats such as 3D, IMAX, and Dolby Cinema, as well as special events. Some AMC locations have

5576-702: The screen. In 1995, they introduced "Love Seat" style seating with retractable armrests so that there can be no barrier between two seats. In July 1994, AMC signed an agreement with Sony to begin installing SDDS (Sony Dynamic Digital Sound) in auditoriums, and began upgrading selected older auditoriums in 2003. On March 26, 2009, AMC announced an agreement to convert 1,500 existing auditoriums to fully digital 3D screens using RealD technology. On March 30, 2009, they announced they would convert all 4,500 screens in their chain to 4K digital projectors provided by Sony. In April 2022, AMC also announced an agreement with Cinionic to install laser projectors at 3,500 of its screens in

5658-482: The second quarter of 2009 and completing in 2012. The company was formerly headquartered in downtown Kansas City. In September 2011, AMC Theatres announced plans to move its headquarters to a new $ 30 million four-story building designed by 360 Architecture in the Park Place development at 117th Street and Nall Avenue in Leawood, Kansas in suburban Kansas City . Kansas had offered $ 47 million in incentives to get

5740-956: The state. In May 2012, AMC Theatres was acquired by Chinese conglomerate Wanda Group , headquartered in Dalian , who paid $ 2.6 billion to acquire AMC's 5,048 screens in 347 theaters in the U.S. and Canada. The deal was finalized on September 4, 2012. The acquisition made Wanda the world's largest cinema chain. Wang Jianlin , CEO of Dalian Wanda Group, announced that the company would plan to spend $ 500 million renovating AMC locations. AMC Theatres had eight movie theatres in Canada. 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 . The two remaining locations have since closed. Gerardo I. Lopez announced his resignation as CEO of AMC in August 2015. Craig Ramsey

5822-565: The studio wanted to release films via premium video-on-demand simultaneously with theatrical releases. 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." On June 3, 2020, AMC stated that it had "substantial doubt" that it would remain in business. On July 28, 2020, AMC and Universal were able to resolve their dispute, with AMC agreeing to

5904-459: The surname(s) of the sole trader or partners, or the legal name of a company. The Companies Registration Office publishes a searchable register of such business names. In Japan , the word yagō ( 屋号 ) is used. In Colonial Nigeria , certain tribes had members that used a variety of trading names to conduct business with the Europeans. Two examples were King Perekule VII of Bonny , who

5986-469: The term trade name to refer to "doing business as" (DBA) names. In most U.S. states now, however, DBAs are officially referred to using other terms. Almost half of the states, including New York and Oregon , use the terms assumed business name or assumed name ; nearly as many, including Pennsylvania , use the term fictitious name . For consumer protection purposes, many U.S. jurisdictions require businesses operating with fictitious names to file

6068-449: The units wielding similar economic properties as common shares. AMC stock gained 19% to $ 22.18 at the close on Friday after initially falling following the announcement of the new units on Thursday. The preferred shares started trading under the "APE" ticker on the New York Stock Exchange starting Aug. 22. AMC CEO Adam Aron stated "We are making great strides on our path towards pandemic recovery". In February 2023 AMC announced plans to test

6150-452: Was acquired by Marquee Holdings Inc., an investment vehicle controlled by affiliates of J.P. Morgan Partners, LLC , the private equity arm of JPMorgan Chase , and Apollo Global Management , a private investment firm. At the time, AMC was publicly traded on AMEX under the code AEN. In 2006, the company announced a new initial public offering (IPO) expected to be worth approximately $ 789 million; however, adverse market conditions convinced

6232-454: Was appointed as the interim CEO by the company board. In December 2015, AMC announced that Adam Aron would be the company's president and chief executive officer, as well as a member of the company's board of directors, beginning on January 4, 2016. In March 2016, AMC Theatres announced it would acquire competitor Carmike Cinemas . In July 2016, Carmike's management accepted a revised offer, pending regulatory and shareholder approval. The deal

6314-507: Was closed on December 25, 2016, making AMC the largest cinema chain in the United States. On March 1, 2017, AMC Theatres CEO Adam Aron stated that the company would rebrand Carmike Cinemas locations under the AMC name; smaller locations were rebranded under the new banner AMC Classic (which repurposes trademarks associated with Carmike). Aron also announced a plan to rebrand its kitchen-equipped theaters as AMC Dine-In. In July 2017, AMC Theatres announced they would cut $ 30 million in expenses by

6396-546: Was increasingly diluted due to new financing by AMC, as well as short squeezes that resulted in Silver Lake converting its $ 600 million debt holding to equity. In early-February 2021, Wanda converted its Class B shares to Class A shares , thus reducing its voting power to less than 50%. AMC Theatres was founded in 1920 by Maurice, William, Irvin, Edward, and Barney Dubinsky, sons of Russian Jewish immigrants Simon and Sarah Dubinsky. The Dubinsky brothers had been traveling

6478-553: Was known as Captain Pepple in trade matters, and King Jubo Jubogha of Opobo , who bore the pseudonym Captain Jaja . Both Pepple and Jaja would bequeath their trade names to their royal descendants as official surnames upon their deaths. In Singapore , there is no filing requirement for a "trading as" name, but there are requirements for disclosure of the underlying business or company's registered name and unique entity number. In

6560-609: Was novel when Nichols invented it, but it is now a standard practice in commercial leases. Several companies are based in the Country Club Plaza area, including American Century Investments , Russell Stover Candies , Inergy , Gates Bar-B-Q , Lockton , Polsinelli , and Block Real Estate Services. In 1925, a single strand of 16 colored-lights was placed above a doorway in the Country Club Plaza to celebrate Christmas . The number of lights increased annually, inspiring an official lighting ceremony that first took place in 1930. On Thanksgiving night, tens of thousands of people visit

6642-488: Was structured under the belief that every customer was a "guest". By the 1980s, the company was experiencing strong growth; in 1983, it had its initial public offering . AMC Theatres built its first multiplex overseas in 1985, the 10-screen multiplex at The Point, Milton Keynes in the United Kingdom , and later opened additional sites in the UK such as in Dudley and Tamworth, Staffordshire . In October 1988, they announced

6724-561: Was the Executive Vice President of President Consumer Products Group, Seattle's Best Coffee , and Foodservice at Starbucks . 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. 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

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