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Among the changes was the closures of 46 theatres in North America including 21 Loews theatres in the U.S. and 25 Cineplex Odeon theatres in Canada. [18] In 2002, Onex Corporation and Oaktree Capital Management acquired Loews Cineplex from Sony and Universal and the company was filed for initial public offering (IPO).
The theaters originally showed live vaudeville performance, but eventually transitioned to showing movies. The Palace was purchased by Loew's in 1934, and was known for a time as "Loew's Poli Theater". [2] When Bridgeport's factories began to close in the 1960s and 1970s, the fortunes of the complex declined, and both theaters closed in the 1970s.
In 1959, the Tisch brothers purchased a controlling interest in Loew's Theatres, a nationwide chain of 102 movie theaters, from MGM. This acquisition formed the foundation of the modern-day Loews Corporation, and the company was listed on the New York Stock Exchange that same year.
Magic Johnson Theatres is a chain of movie theaters, originally developed in 1994 by Johnson Development Corporation, the business holding of former basketball player Magic Johnson, and Sony Pictures Entertainment through a partnership with Sony-Loews Theatres.
The Loew's Wonder Theatres were movie palaces of the Loew's Theatres chain in and near New York City. These five lavishly designed theaters were built by Loew's to establish its preeminence in film exhibition in the metropolitan New York City area and to serve as the chain's flagship venues, each in its own area. All five theaters are still ...
Cineplex Inc. (formerly Cineplex Entertainment and Cineplex Galaxy) is a Canadian operator of movie theater and family entertainment centers, headquartered in Toronto.It is the largest cinema chain in Canada; as of 2019, it operated 165 locations, and accounted for 75% of the domestic box office.
Ticket prices will be competitive with other multiplex theaters in the area, Harrison said. The 32,000-square foot cinema was first opened on May 22, 1992 with industry veteran Tom Boswell serving ...
Loews may refer to: Loews Cineplex Entertainment, formerly Loews Incorporated, a defunct North American cinema chain which formerly owned Metro-Goldwyn-Mayer. United States v. Loew's Inc., a United States Supreme Court case involving Loews; Loew's Grand Theatre, a movie theater in Atlanta; Loews Corporation, an American holding company
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