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AMC Entertainment is one of the world’s largest movie theater chains, with over 600 locations in the United States alone. AMC is known for its innovative programming and cutting-edge technology, including its popular AMC Stubs loyalty program and its AMC Dine-In theaters, which offer a full food and beverage menu. AMC also offers premium experiences such as AMC Prime and AMC IMAX. In recent years, AMC has been aggressively expanding its international footprint, and now has theaters in 15 countries.AMC Entertainment is an American movie theater chain. Founded in 1920, AMC has the largest share of the U.S. theater market. AMC operates more than 350 theaters in the United States and Canada.
In 2007, AMC was acquired by a Chinese conglomerate, Dalian Wanda Group. Wanda subsequently invested billions of dollars to upgrade AMC’s theaters and build new multiplexes. In 2016, AMC was the world’s largest movie theater chain, ahead of Regal Entertainment and Cinemark Theatres.
AMC’s history can be traced back to Durwood Kirby and Stanley Durwood, who opened the Durwood Theater in Kansas City, Missouri, in 1920. The Durwoods later acquired a chain of vaudeville theaters and began showing movies as well. In 1961, the Durwoods merged their company with John W. Mann’s National Kinney Corporation, which owned the chain of Warner Bros. movie theaters. The new company, National General Corporation, was headquartered in New York City.
In 1968, National General Corporation was acquired by Trans-Lux Corporation, a manufacturer of movie projection equipment. Trans-Lux then sold the National General theaters to an investment group led by Stanley Durwood. The new company, renamed American Multi-Cinema, Inc. (AMC), was headquartered in Kansas City.
In the 1970s, AMC began to expand rapidly, opening new multiplexes across the United States. In 1979, AMC was acquired by the Japanese conglomerate, Daiei, Inc. Daiei then sold AMC to a group of investors led by Edward W. (Ted) Mann in 1987.
In the 1990s, AMC embarked on a major expansion program, building new multiplexes and acquiring smaller theater chains. In 1999, AMC was acquired by a French conglomerate, Pathé Communications. Pathé then sold AMC to a group of investors led by J.P. Morgan Partners in 2004.
In 2006, AMC was acquired by a group of investors led by Apollo Management. Apollo then took the company public in 2013.
In 2014, AMC was the target of a takeover bid by the Chinese conglomerate, Dalian Wanda Group. Wanda subsequently acquired AMC for $2.6 billion.
Under Wanda’s ownership, AMC has undergone a major transformation. Wanda has invested billions of dollars to upgrade AMC’s theaters and build new multiplexes. AMC is now the world’s largest movie theater chain, ahead of Regal Entertainment and Cinemark Theatres.AMC Entertainment is an American entertainment company that primarily operates movie theaters. It is the largest movie theater chain in the world, and is headquartered in Leawood, Kansas.
The company was founded in 1920 as Durwood Theatres, and was later renamed American Multi-Cinema, Inc. (AMC) in 1961. In 2012, AMC was acquired by the Chinese conglomerate Dalian Wanda Group.
As of 2018, AMC operated approximately 1,000 theaters with over 11,000 screens across the United States, China, Europe, and Canada. The company offers a variety of movie-related services, including online ticketing, food and beverage service, and loyalty programs.
In recent years, AMC has been investing heavily in luxury theaters, which offer a higher-end movie-going experience with amenities such as reclining seats, in-theater dining, and alcohol service. The company has also been working to expand its international reach, with plans to open as many as 100 theaters in China by 2020.
Looking to the future, AMC plans to continue growing its business by expanding its global footprint and increasing its focus on luxury theaters. The company is also working on developing new technologies to improve the movie-going experience, such as virtual reality and augmented reality.