AMC Theatre
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| Public | |
| Traded as | : AMC |
| Industry | Entertainment (movie theaters) |
| Founded | January 1, 1920 Kansas City, Missouri, U.S. |
| Founder | Edward Durwood |
| Headquarters | Leawood, Kansas |
|
Key people
|
Lin Zhang (Chairman) Adam Aron (President and CEO) |
| Products | AMC Theatres |
| Revenue |
 $3,235.846 million (FY 2016) |
|
$212.858 million (FY 2016)
|
|
|
$111.667 million (FY 2016) |
|
| Total assets |
 $ 3.638 billion (FY 2012)
|
| Total equity |
$ 154.3 million (FY 2012)
|
| Owner | Wanda Group (75%) |
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Number of employees
|
34,000 (January 2017) |
| Subsidiaries | AMC Entertainment, Inc. AMC Loews Loews Cineplex Entertainment Fork & Screen Dine-In Theatres The Café at AMC AMC Cinema Suites AMC Red Kitchen Carmike Cinemas (Defunct) Screenvision (20%) National CineMedia (22.5%) Odeon Cinemas UCI Cinemas Starplex Cinemas Eastwynn Theatres, Inc. George G. Kerasotes Corporation GKC Indiana Theatres, Inc. GKC Michigan Theatres, Inc. GKC Theatres, Inc. Military Services, Inc. Sundance Cinemas |
| Website | www |
AMC Theatres (originally an abbreviation for American Multi-Cinema, often referred to simply as AMC and known in some countries as AMC Cinemas) is an American movie theater chain owned and operated by AMC Entertainment Inc., which is itself owned by AMC Entertainment Holdings, Inc., majority-owned by Chinese conglomerate Dalian Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group and Cinemark Theatres. The chain has 86 locations in mainland China, home of the Dalian Wanda Group. The company's headquarters are located in Leawood, Kansas.
After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world, and also the largest in the United States, with 2,200 screens in 244 theatres in Europe and over 8,200 screens in 661 theatres in the United States.
AMC Theatres was founded in 1920 by the Dubinsky Brothers (Maurice, Edward, and Barney), who 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. The Dubinskys eventually changed their name to Durwood, and the company they formed was called Durwood Theatres.
In 1961, Edward's son Stanley took control of Durwood Theatres, then a small 10-theatre chain, when his father died. Stanley had attended Harvard University and served as a navigator in the U.S. Air Force during World War II. He renamed Durwood Theatres as American Royal Cinema on October 1, 1968. During the incorporation process, the name was changed quickly thereafter to American Multi-Cinema, Inc., and 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 a "guest".
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Wikipedia