As the sites could not be combined, they opened two theaters side-by-side as the Parkway Twin theatre in 1963. With an interstate planned around Kansas City, Durwood looked to sites outside downtown and acquired two sites at a shopping center on Kansas City's Ward Parkway to build a 700-seat theater. In 1961, after Ed died, Stanley took control of Durwood Theatres, which by then was a small ten-theatre chain. They won an anti-trust suit to enable them to show first-run product at the Roxy and went on to acquire all of the downtown cinemas in Kansas City including The Empire Theater, the Capri Theatre, the Midland Theatre and the Paramount Theatre. In 1947 they expanded further with the acquisition of the Liberty Theater in downtown Kansas City which they remodeled and renamed the Roxy. He persuaded his father to build drive-in theaters and built them in St. Air Force after World War II he joined the company in 1945. Joseph and Jefferson City, Missouri and Leavenworth and Topeka, Kansas.
The Dubinskys eventually changed their name to Durwood, and the company they formed eventually became known as Durwood Theatres. They purchased the Regent Theatre on 12th Street between Walnut and Grand in downtown Kansas City, Missouri. In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power.ĪMC Theatres was formed in 1920 by Maurice, Edward, and Barney Dubinsky, who had been traveling the Midwest performing melodramas and tent shows with actress Jeanne Eagels. 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.Īmid 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. 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. It has 2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the United States.
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theater market ahead of Regal and Cinemark Theatres.Īfter acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. ( 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. Starplex Cinemas Eastwynn Theatres, Inc.ĪMC Entertainment Holdings, Inc.
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