Cinema Sounds - Acquisitions

Acquisitions

AMC has been successful in integrating competitive theater circuits into its family, resulting in a total of 385 theaters with 5,128 screens in six countries:

In March 2002, AMC bought General Cinema Corporation, which added 66 theatres with 621 screens to the company assets, as well as Gulf States Theaters, which had five theatres with 68 screens in the greater New Orleans area. In late 2003, AMC acquired MegaStar Theatres, adding the Atlanta and Minneapolis-St. Paul markets. In January 26, 2006, AMC merged with Loews Cineplex Entertainment to form AMC Entertainment; the deal brought into AMC's fold the entire Loews and Cineplex chain, including Magic Theatres (named after basketball player Earvin "Magic" Johnson) and Star Theatres, based in Metro Detroit. In 2010, AMC acquired Chicago-based Kerasotes Showplace Theatres, LLC for $275 million, combining the nation's second and sixth largest movie theater chains.

The company maintains theaters in Canada (and in the process of exiting with sale of most of them), and, until August 2012, two cinemas in the United Kingdom (in Birmingham and Manchester). However at the end of August 2012 the Birmingham AMC Broadway Plaza became an Odeon. The group also operate one cinema in Dunkirk, France, and two in Hong Kong. AMC previously operated theaters in Brazil, Chile, Japan, Mexico, Portugal, South Korea, Spain, Sweden, and Uruguay.