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69-503: The Famous Players brand name and its sub-banners continued to be used in the majority of its theatres until 2022 when Cineplex phased out the name in favour of the "Cineplex Cinemas" banner, although the SilverCity name continues to be used. Prior to its retirement, Famous Players operated its theatres under its traditional namesake, SilverCity, Paramount, Coliseum, and Colossus brands. Famous Players Canadian Corporation dates back to

138-478: 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

207-728: 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 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

276-474: 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

345-672: 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

414-555: 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 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

483-429: 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

552-486: 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

621-448: 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

690-738: 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 the multiplex concept, where additional screens meant very little difference in staff and operating costs but resulted in

759-586: 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

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828-508: 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 the American Royal livestock and horse show, but the latter's producers sought an injunction, and

897-462: 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

966-534: A subsidiary of Cineplex. At its peak, Famous Players operated 101 theatres in 2003 with 882 screens. In 2011, a total of 10 locations used the Famous Players brand. Most of these have since closed, or they were rebranded by Cineplex. Prior to merging with Cineplex, Famous Players operated five theatre brands: Famous Players , SilverCity ( French : StarCité ), Coliseum ( French : Colisée ), Colossus and Paramount . Of these, Cineplex only preserved

1035-529: 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 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

1104-626: Is now known as Raleigh Studios . Raleigh Studios is known for being the site of Gunsmoke, Perry Mason, and Let's Make a Deal . It is one of the oldest studios in Hollywood. This article about an American film distributor or production company is a stub . You can help Misplaced Pages by expanding it . AMC Theatres 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 )

1173-482: Is still used today as Chelsea Television Studios . Hiring its performers straight from the New York City stage, Famous Players had an early roster of some of the city's biggest names including Marguerite Clark , Hazel Dawn , and H. B. Warner . The company also featured cinema's biggest star of the era, Mary Pickford , and presented theater idol John Barrymore in his first two feature films. The company produced both short and feature-length productions. In 1916,

1242-767: 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 the AMC Arrábida 20 in Porto, Portugal . In January 2002, the 16-screen Great Northern theatre was opened in Manchester in

1311-592: 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 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

1380-555: 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

1449-470: 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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1518-891: 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 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

1587-565: The Imperial Six, to lapse in 1986. Cineplex immediately took over the lease, denying Famous Players Theatres access to the portion of the property that they already owned outright. Famous Players eventually sold its property to Cineplex Odeon Cinemas, on the condition it never again be used to show filmed entertainment. Cineplex's live-theatre division renovated the theatre; renamed the Pantages Theatre , it hosted The Phantom of

1656-788: The Opera for ten years. The theatre was renamed the Canon in 2001 and then again in 2011 as the Ed Mirvish Theatre , which it is currently known, in honour of the popular businessman and ironically Mr. Drabinsky's main competitor in live theatre in Toronto. Famous Players expanded throughout the 1990s. In 1993, Barbara Turnbull made a complaint with the Ontario Human Rights Commission over lack of accessibility in cinemas operated by Famous Players; in 2001

1725-627: 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

1794-606: 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

1863-455: 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. In 1988, Kinepolis Brussels , the first megaplex in the world, with 25 screens and 7,600 seats, was opened by Kinepolis ,

1932-405: 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

2001-600: The adoption of a subscription service scheme similar to Regal and Cineworld. The deal between Cineworld and Cineplex Entertainment fell through due to breaches in agreement and the effects of the COVID-19 pandemic in June 2020. As of January 2023, only three theatres in Lasalle, Prince George and Prince Rupert remain open under the Famous Players brand. However, the corporate entity, Famous Players LP, remains nominally active as

2070-483: 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

2139-734: 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

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2208-481: The commission ruled in her favor, however two cinemas were closed instead of made fully accessible. Under chairman John Bailey, Famous Players re-built its infrastructure from 1996 to 2003 with new "megaplex" theatre brands featuring stadium seating , such as SilverCity and Coliseum, with food courts and video games. Around that time, AMC Theatres entered the Canadian market, and most of the traditional ties between

2277-447: 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 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

2346-439: 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

2415-549: The company merged with the Jesse L. Lasky Feature Play Company to form Famous Players–Lasky Corporation , which later became Paramount Pictures . In 1915, the company established Famous Players Fiction Studios at 5300 Melrose Avenue in Hollywood . The new studio's first film starred Mary Pickford . The studio later became Clune Studio , then California Studio, then Gross -Krasne , followed by Producers Studios Inc., and

2484-575: The company quickly expanded its holdings to 100 by the end of 1926. Until the 1950s, the company continued to build its operations in the movie theatre sector. In 1952, however, Famous Players began to invest in the new technology. First, the company purchased the rights to a coinbox system that connected to television sets. A year later, it purchased its first broadcasting assets, CKCO-TV in Kitchener, Ontario and CFCM-TV in Quebec City . At

2553-684: 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,

2622-415: 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

2691-572: 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

2760-602: 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, 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

2829-551: The early days of Famous Players Film Company (later Paramount Pictures ), founded in 1912, as its earliest predecessor, though that company did not have any operations in Canada until 1920, when it bought Nathan Nathanson's Paramount Theatre chain, which Nathanson had established four years earlier. Nathanson became the first president of the resulting entity, Famous Players Canadian Corporation Limited. In 1923, Famous Players bought out rival Allen Theatres , acquiring many buildings in

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2898-505: The end of the 1950s, the company acquired the first of many cable TV companies it would come to own, thus adding control over the distribution of its TV product. As the industry grew, starting in the mid-1960s, so did the assets of Famous Players in this segment. In 1971, the company sold off the majority of its shareholdings in its movie theatre and other non-TV-related entertainment holdings to Gulf + Western Canada and subsequently changed its name to Canadian Cablesystems Limited , reflecting

2967-531: 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

3036-514: The existing chains and the major studios began to unwind, putting all three chains in full-on competition in several major markets. The company once operated a number of drive-in theatres, but most have been closed and replaced with modern theatres. Until 2004, it operated theatres in the Maritimes , none of which were branded-concept theatres; these were sold to the region's dominant exhibitor, Empire Theatres . In February 2005, Viacom announced

3105-521: 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

3174-980: The first two brands, which amount to 20 locations as of 2019. The Coliseum and Colossus theatres sold to Cineplex were renamed to Cineplex Cinemas, though the unique features of the original brands were preserved. Similarly, Paramount theatres now use the Scotiabank Theatre brand since 2007. In addition, Landmark Cinemas also acquired many of the Famous Players theatres that were formerly operated by Empire Theatres . Many theatres had served Pepsi products in addition to popcorn with restaurants such as Burger King , New York Fries , Wetzel's Pretzels , Taco Bell , TCBY , Baskin Robbins and Starbucks . Those were heavily replaced by Coca-Cola and Outtakes with some theatres retaining Starbucks. More than 400,000 television service subscribers. Famous Players Film Company The Famous Players Film Company

3243-704: The former Famous Players locations in Atlantic Canada that were owned by Empire when it began to shut down operations in 2013. In December 2019, UK-based Cineworld plans to acquire the now renamed Cineplex Entertainment which will see the former 47 Famous Players theatres into the fold. The sale will make Cineworld the largest cinema chain in North America with the ownership of Regal Cinemas . The company stated that Cineplex's operations were to be integrated with Regal and that it planned to reach $ 120 million in cost efficiencies and revenue synergies including

3312-504: 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

3381-563: The majority of AMC's board of directors. Amid financial downturns caused by the COVID-19 lockdowns , in January 2021, Wanda's ownership 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

3450-401: 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 was structured under the belief that every customer was

3519-409: The new focus of its operations. Canadian Cablesystems was the owner and operator of Metro Cable , which served parts of Metro Toronto , as well as a minority shareholder in several other cable companies, until it was purchased by Rogers Cablesystems Ltd. in 1978. Most famously, Famous Players Theatres allowed the lease on a property containing the entrance of one of its flagship Toronto locations,

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3588-403: 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

3657-499: 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

3726-807: The process. The Famous Players Theatres chain was always strongly linked with Paramount, and was a wholly owned subsidiary of Paramount Communications at the time that firm was acquired by Viacom in 1994. Some of the most high-profile and popular theatres in the Famous Players chain were the Imperial and the Uptown in Toronto , and the Capitol, Orpheum , Stanley , and Strand in Vancouver . Originally began with 13 theatres located in Ontario and British Columbia,

3795-405: The sale of Famous Players for $ 400 million. Cineplex Galaxy , controlled by Onex Corporation acquired Famous Players from Viacom for $ 500 million (about US$ 397 million) in June 2005, with the deal being completed on July 22. To satisfy antitrust concerns, on August 22, 2005, the group announced the sale of 27 locations in Ontario and western Canada to Empire Theatres . Cineplex re-acquired

3864-585: 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

3933-707: 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

4002-483: 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

4071-909: 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

4140-567: 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

4209-452: 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

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4278-575: 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, 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

4347-474: Was The Count of Monte Cristo (1912, released 1913), directed by Joseph A. Golden and Edwin S. Porter and starring James O'Neill , the father of dramatist Eugene O'Neill . In 1914, the company purchased the former headquarters of New York City's Ninth Mounted Cavalry unit at 221 West 26th Street in Manhattan . The cavernous brick building made excellent filming space for Zukor, and the modernized site

4416-668: Was a film company founded in 1912 by Adolph Zukor in partnership with the Frohman brothers , powerful New York City theatre owners and producers. Discussions to form the company were held at The Lambs , a famous theater club where Charles and Daniel Frohman were members. The company advertised "Famous Players in Famous Plays" and its first release was the French film Les Amours de la reine Élisabeth (1912) starring Sarah Bernhardt and Lou Tellegen . Its first actual production

4485-455: 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

4554-458: 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

4623-510: 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

4692-546: 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 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

4761-563: 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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