The Dubinskys eventually changed their name to Durwood, and the company they formed eventually became known as Durwood Theatres. They purchased the Regent Theatre on 12th Street between Walnut and Grand in downtown Kansas City, Missouri.
In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power to less than 50%.ĪMC Theatres was formed in 1920 by Maurice, Edward, and Barney Dubinsky, who had been traveling the Midwest performing melodramas and tent shows with actress Jeanne Eagels. 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 controlled the majority of AMC's board of directors.Īmid financial downturns caused by the COVID-19 pandemic, 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. 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.
It has 2,807 screens in 353 theatres in Europe and 7,755 screens in 593 theatres in the United States. theater market ahead of Regal and Cinemark Theatres.Īfter acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. It is the largest movie theater chain in the world. ( d/b/a 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. Starplex Cinemas Eastwynn Theatres, Inc.ĪMC Entertainment Holdings, Inc.
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