Information about Loews Cineplex Entertainment
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Times Square and Loews Theatre
It was noted for being the distribution arm and parent company for Hollywood giant Metro-Goldwyn-Mayer (MGM) until, forced by a 1948 U.S. Supreme Court ruling, the two split in 1954.
In 1985, when federal regulations had been relaxed, Tri-Star Pictures acquired the Loews theater chain. Tri-Star later merged with Columbia Pictures, and when Columbia was bought by Sony in 1989, Sony inherited the theaters as well. For a while, Loews operated under the Sony Theaters banner.
In 1994, Sony partnered with Magic Johnson to form Magic Johnson Theaters, a mini-chain of theaters specifically geared toward the inner cities, particularly in Los Angeles.
In 1998, Cineplex Odeon Corporation merged with Loews Theaters to form Loews Cineplex Entertainment. The combined company was one of the largest movie exhibitors in the world, with theaters in the United States, Canada, Mexico, Korea, and Spain. In 2001, though, the company declared Chapter 11 as a result of absorbing Cineplex's financial woes.
In 2002, Onex Corporation and Oaktree Capital Management acquired Loews Cineplex. In 2004, they sold it, minus its Canadian assets, to a private group of investors which included the Carlyle Group.
In 2005, AMC Theatres announced that it would merge with Loews Cineplex Entertainment and that the merged company would adopt the AMC name. The Loews name would remain a brand under the new company. [1] At the time of the merger, Loews operated 198 theaters with 2,235 screens. It is not affiliated with the Loews Corporation or Lowe's Home Improvement Warehouse.
Further reading
- Robert Sobel The Entrepreneurs: Explorations Within the American Business Tradition (Weybright & Talley 1974), luca 7, Marcus Loew: An Artist in Spite of Himself ISBN 0-679-40064-8.
- Wikipedia article, with links, about the Loew's "Wonder Theaters" constructed in New York City in 1929 and 1930
- Brief history of Loews Theaters, including the Sony acquisitions
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Marcus Loew (May 7, 1870–September 5, 1927) was an American business magnate and a pioneer of the motion picture industry who formed Loews Theatres and Metro-Goldwyn-Mayer (MGM).
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North America is a continent [1] in the Earth's northern hemisphere and (chiefly) western hemisphere. It is bordered on the north by the Arctic Ocean, on the east by the North Atlantic Ocean, on the southeast by the Caribbean Sea, and on the south and west
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Metro-Goldwyn-Mayer, Inc.
Subsidiary of Sony, Comcast and their equity partners
Founded April 16, 1924
Headquarters Los Angeles, California, USA
(Metro-Goldwyn-Mayer Studios, Inc.)
Key people Harry E.
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Subsidiary of Sony, Comcast and their equity partners
Founded April 16, 1924
Headquarters Los Angeles, California, USA
(Metro-Goldwyn-Mayer Studios, Inc.)
Key people Harry E.
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United States v. Paramount Pictures, Inc.
Supreme Court of the United States
Argued Feb. 9-11, 1948
Decided May 3, 1948
Full case name: United States v. Paramount Pictures, Inc. et al
Citations: 334 U.S.
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Supreme Court of the United States
Argued Feb. 9-11, 1948
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Full case name: United States v. Paramount Pictures, Inc. et al
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Columbia Pictures Industries, Inc. is a film and television production company. It is part of the Columbia TriStar Motion Picture Group, which is owned by Sony Pictures Entertainment, a subsidiary of the multinational conglomerate Sony.
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Sony Corporation
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Founded May 7 1946 (adopted current name in 1958) by Masaru Ibuka and Akio Morita[1]
Headquarters Minato-ku, Tokyo, Japan[1]
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ソニー株式会?
Public (TYO: 6758 ; NYSE: SNE )
Founded May 7 1946 (adopted current name in 1958) by Masaru Ibuka and Akio Morita[1]
Headquarters Minato-ku, Tokyo, Japan[1]
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Earvin Effay Johnson, Jr. (born August 14, 1959 in Lansing, Michigan), nicknamed Magic, is a retired American National Basketball Association (NBA) basketball player for the Los Angeles Lakers. Before joining the NBA, the 6 ft 9 in (2.
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Magic Johnson Theatres are a chain of movie theatres, originally developed in 1994 by Johnson Development Corporation, the business holding of basketball player-turned-entrepreneur Magic Johnson, and Sony Pictures Entertainment through a partnership with Sony-Loews Theatres.
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Cineplex Odeon Corporation was one of North America's largest movie theatre operators, with theatres in its home country of Canada and the United States. Cineplex Odeon Corporation is now operated by Cineplex Entertainment in Canada and AMC Theatres in United States.
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Onex Corporation TSX: OCX is a Toronto based investment firm. It was founded in 1983 by Gerry Schwartz. Today it is a publicly traded company but Schwartz has 67.6% of the voting control and continues to serve as Chairman and CEO.
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