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General Cinemas

AMC Entertainment Holdings, Inc.
Public subsidiary
Traded as AMC
Industry Entertainment (movie theaters)
Founded January 1, 1920; 97 years ago (January 1, 1920)
Kansas City, Missouri, U.S.
Headquarters Leawood, Kansas
Key people
Edward Durwood, Founder
Adam Aron (President)
Lin Zhang (Chairman)
Roland C. Smith
Chairman of the Board
S. David Passman (President & CEO)
Fred Van Noy
COO
Richard Hare
CFO
Products AMC Theatres
Revenue Increase $386.401 million (FY 2011)
Increase$153.637 million (FY 2017)
Increase $87.69 million (FY 2017)
Total assets Decrease$ 3.638 billion (FY 2012)
Total equity Decrease$ 154.3 million (FY 2012)
Number of employees
34,000 (January 2017)
Parent Wanda Group (75%)
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)
Open Road Films (50%)
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.amctheatres.com

AMC Theaters (originally an acronym of 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., a majority-owned subsidiary of the Chinese conglomerate Dalian Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group (with whom they co-own Open Road Films) and Cinemark Theatres. The chain has 346 locations in North America, and 86 more 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 Theaters 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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