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Loews Cineplex Entertainment. Loews Cineplex Entertainment, also known as Loews Incorporated, was an American theater chain operating in North America . The company was originally called "Loew's," after the name of its founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews."
- June 23, 1904; 119 years ago (original), May 14, 1998; 25 years ago
- Entertainment (movie theatres)
- Marcus Loew (for the Loews Incorporated branch)
The company was formed in 2003 via the acquisition of Loews Cineplex's Canadian operations (which included the assets of the former Cineplex Odeon chain) by Onex Corporation and Oaktree Capital Management, and its subsequent merger with Onex's Galaxy Entertainment—a chain of cinemas that was established in 1999 by former Cineplex Odeon ...
- Over 13,000 (2019)
- CA$656.66 million (2021)
People also ask
Who owns Loews Cineplex Entertainment?
What is Loews Cineplex?
When did Cineplex become Loews Cineplex?
Who owns Cineplex Odeon Theatres?
The company was originally called "Loew's," after the name of its founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews." The company merged with Canadian-based Cineplex Odeon Corporation in 1998, only to go bankrupt in 2001 (as did many other large theater chains around this time).
Cineplex Galaxy LP (Cineplex Galaxy) was created with the merger of Galaxy Entertainment Inc. and the Canadian assets of Loews Cineplex Entertainment, formerly Cineplex Odeon Corporation. Cineplex Galaxy began trading on the Toronto Stock Exchange as an Income Trust, priced at $10.00 per unit.
In 1999, Ellis Jacob and Steve Brown, former executives who left Cineplex Odeon Corporation during the ownership change, created Galaxy Entertainment designed to bring big-city entertainment to mid-sized markets across Canada. In 2001, Loews Cineplex Entertainment, the company that merged with Cineplex Odeon, filed for chapter 11 bankruptcy.
Jun 21, 2005 · Movie theater chains AMC Entertainment Inc. and Loews Cineplex Entertainment Corp. said today they plan to merge, and will be led by current AMC Chairman, CEO and President Peter C. Brown.
Loews Cineplex Entertainment Corporation manages motion picture theaters. The Company serves customers primarily in major cities throughout the United States, as well as Canada, Spain, Hungary ...
