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In September 1997, Cineplex Odeon Corporation announced that it would merge with Loews Theatres for $1 billion; the merger was later approved by the United States Department of Justice on April 16, 1998 and was later completed that year to form Loews Cineplex Entertainment, thus making it a joint venture between Sony and Universal Studios.
The Paradise Theater is located at 2403 Grand Concourse [4] [5] in the Fordham neighborhood of the Bronx in New York City, United States. [6] The theater was one of five Loew's Wonder Theatres in the New York City area, along with the Loew's Jersey in Jersey City, the Loew's 175th Street in Manhattan, the Loew's Valencia in Queens, and the Loew's Kings in Brooklyn.
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's control over the market allowed them to increase prices. They were criticized, including by Mayor Ed Koch, for raising ticket prices from USD$5 to USD$7 in New York City. [42] In April 1998, Cineplex Odeon Theatres merged with New York City-based Loews Theatres (founded in 1904 by Marcus Loew) to form Loews Cineplex Entertainment.
Photo of the theatre's interior in 1959. The Loew's State Theatre was a movie theater at 1540 Broadway on Times Square in New York City.Designed by Thomas Lamb in the Adam style, [1] it opened on August 29, 1921, as part of a 16-story office building for the Loew's Theatres company, with a seating capacity of 3,200 [2] and featuring both vaudeville and films.
While Magic Theatres are patterned after the Loews Cineplex Entertainment model, they focus on urban markets. Each complex is around 60,000 square feet (5,600 m 2 ) with multiple concession areas, 10 to 15 screens with SDDS stereo sound, stadium seating and a capacity of 3,200 to 5,000.
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Pages in category "Loews Cineplex Entertainment" The following 15 pages are in this category, out of 15 total. This list may not reflect recent changes. ...