AMC Theatres

AMC Entertainment Holdings, Inc.
FormerlyDubinsky Bros. (1920–31, 1932–39)
Publix-Dubinsky Bros. (1931–32)
Durwood-Dubinsky Bros. (1939–47)
Durwood Theatres (1947–68)
American Royal Cinemas (1968–69)
American Multi Cinema (1969–80)
TypePublic
NYSEAMC (Class A)
Russell 2000 Component
IndustryEntertainment
Predecessors
Founded1920 (as Dubinsky Bros.)
Kansas City, Missouri, U.S.
Founders
  • Edward Durwood
  • Maurice Durwood
  • Barney Durwood
Headquarters,
U.S.
Number of locations
978 theaters and 10,833 screens[1][2]
Key people
RevenueIncrease US$5.461 billion (2018)[2]
Increase US$265.0 million (2018)[2]
Increase US$110.1 million (2018)[2]
Total assetsDecrease US$9.496 billion (2018)[2]
Total equityDecrease US$1.398 billion (2018)[2]
Number of employees
4,408 full-time and 35,754 part-time (December 2018)[2]
DivisionsOdeon Cinemas Group
Subsidiaries
Websiteamctheatres.com

AMC Entertainment Holdings, Inc. (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 headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres.

After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in both the world and the United States.[3] It has 2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the United States.[1][4]

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. 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.

Amid financial downturns caused by the COVID-19 pandemic, in January 2021 Wanda's ownership was increasingly diluted due to new financing by AMC, and Silver Lake converting its $600 million debt holding to equity after a short squeeze. In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power.

  1. ^ a b "Inline XBRL Viewer". www.sec.gov. Archived from the original on October 30, 2020. Retrieved October 27, 2020.
  2. ^ a b c d e f g AMC Entertainment Holdings, Inc. Form 10-K for 2018. U.S. Securities and Exchange Commission (Report). Archived from the original on September 26, 2019. Retrieved September 25, 2019.
  3. ^ Lieberman, David (December 21, 2016). "AMC Entertainment Closes Carmike Cinemas Acquisition". Deadline Hollywood. Archived from the original on December 22, 2016. Retrieved December 21, 2016.
  4. ^ Szalai, Georg (December 21, 2016). "AMC Theatres Closes Carmike Cinemas Acquisition to Become Largest U.S. Exhibitor". The Hollywood Reporter. Archived from the original on December 22, 2016. Retrieved December 21, 2016.