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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.
Cineplex Odeon Corporation was one of North America's largest movie theatre operators and live theatre, with theatres in its home country of Canada and the United States.The Cineplex Odeon brand is still being used by Cineplex Entertainment at some theatres that were once owned by the Cineplex Odeon Corporation, with newer theatres using the Cineplex Cinemas (French: Cinémas Cineplex) brand.
Cineplex Galaxy logo used from 2003 to 2005. Galaxy Entertainment Inc. was established in 1999 by Ellis Jacob, a former chief operating officer of Loews Cineplex Entertainment, and Stephen Brown, a former Cineplex chief financial officer.
Many of the former Loews Cineplex Entertainment theatres still use the Magic Johnson Theatres sub-brand as AMC Magic Johnson and, formerly until 2017, AMC Loews. AMC Classic is used for smaller locations with fewer premium amenities. The brand is primarily used by the former Carmike locations, and use Carmike's "folded film" logo and "America's ...
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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Loews Corporation was the parent company of Bulova until 2007, when it sold the company to Citizen Watch. [10] On June 4, 2007, Loews Corporation announced it would acquire a portion of the operations of Dominion Resources for $4.03 billion dollars. [11] Loews rebranded the assets HighMount Exploration & Production.