![cover image](https://wikiwandv2-19431.kxcdn.com/_next/image?url=https://upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Loews_Cineplex_logo.svg/640px-Loews_Cineplex_logo.svg.png&w=640&q=50)
Loews Cineplex Entertainment
American theater chain / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Loew's Incorporated?
Summarize this article for a 10 year old
Loews Cineplex Entertainment, also known as Loews Incorporated, was an American theater chain operating in North America.
![]() | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
![]() | |
Formerly | Loews Incorporated Sony Theatres (1994–1996) Loews Cineplex Entertainment Corporation (1998–2002) Cineplex Odeon Corporation (1984–1998) |
---|---|
Company type | Private (1904–1998) Public (1998–2004) |
| |
Industry | Entertainment (movie theatres) |
Predecessors | |
Founded | June 23, 1904; 120 years ago (1904-06-23) (original) May 14, 1998; 26 years ago (1998-05-14) |
Founder | Marcus Loew (for the Loews Incorporated branch) |
Defunct | January 26, 2006; 18 years ago (2006-01-26) (original) |
Fate | Merged into AMC Theatres (Canadian operations merged into Cineplex Entertainment) |
Successors | |
Headquarters | New York City, New York |
Areas served | North America, South Korea, Spain |
Key people | Lawrence J. Ruisi (President and CEO) Allen Karp (Chairman and CEO, Cineplex Odeon Corp.) |
Owner | Loews Corporation (1959–1985) Perenchio Pictures (1985–1986) Tri-Star Pictures (1986–1987) Sony Pictures Entertainment (1987–2002) Universal Studios (1998–2002) Onex Corporation (2002–2011) AMC Theatres (2006–present) Cineplex Entertainment (2003–present) |
Divisions | Loews Theatres Cineplex Odeon Cinemas Magic Johnson Theatres Star Theatres |
Subsidiaries | Cineplex Odeon Corporation Cinemex MEGABOX |
Website | amctheatres cineplex |
The company was originally called "Loew's," after the name of its founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews." The company merged with Canadian-based Cineplex Odeon Corporation in 1998, only to go bankrupt in 2001 (as did many other large theater chains around this time). The company merged with AMC Theatres on January 26, 2006, while the Canadian operations merged with Cineplex Galaxy in 2003.
The Loews Theatres name was used until 2017 when AMC simplified their branding to focus on three main lines: AMC, AMC Classic, and AMC Dine-In after their purchase of Carmike Cinemas. Prior to the discontinuation, Loews Cineplex operated its theatres under the Loews Theatres, Cineplex Odeon, Star Theatres, Magic Johnson Theatres, Cinemex and MEGABOX brands. Its corporate offices were located in New York and Toronto.
From 1924 to 1959, Metro-Goldwyn-Mayer Studios (MGM) was its parent company until it sold its controlling interest in Loew's Theatres to the Tisch brothers. Later, it was also, formerly jointly owned by Sony Pictures and Universal Studios and operated theatres in the United States, Canada, South Korea, Spain and Mexico.