KANSAS CITY, Mo., Oct. 30 /PRNewswire/ -- AMC Entertainment Inc.
(Amex: AEN), one of the world's leading theatrical exhibition companies, has
announced that it will build a 16-screen theatre megaplex in Tokyo Disneyland,
developed by the Oriental Land Co., Ltd., in Chiba Prefecture.
The AMC Maihama 16 Theatre, scheduled to open by the spring of 2000, is
the latest example of the megaplex concept developed by AMC. The 16-screen
megaplex will offer moviegoers the finest customer amenities and the most
dynamic screen presentation available, along with a greater choice of films
and viewing times.
"Just as the AMC megaplex represents the state of the art in movie
presentation and customer amenities, a Disney theme park is unparalleled as a
tourism destination," said Philip M. Singleton, president and chief operating
officer of American Multi-Cinema, Inc. "We look forward to the potential of
combining the two global brand names."
The AMC Maihama 16 Theatre in Chiba Prefecture and the AMC Holiday Inn 18
in Toyohashi, also announced today, are the fourth and fifth megaplexes to be
announced in Japan as part of AMC's international expansion.
AMC's first theatre in Japan, the AMC Canal City 13 in Fukuoka, opened in
1996. The second location, the AMC Nakama 16, will open in late fall 1998.
The third, the AMC Shinsei 16, is scheduled to open in spring 2000.
A megaplex is a multi-screen theatre featuring wall-to-wall screens,
stadium-style seating in plush, high-backed LoveSeats(TM) with retractable
armrests and AMC's signature cupholders, and other special amenities to
enhance the moviegoing experience.
Megaplex technology includes AMC's proprietary High Impact Theatre System
(HITS), which combines wall-to-wall and floor-to-ceiling screens with full
digital sound systems featuring Sony Dynamic Digital Sound(TM) (SDDS(TM)).
The AMC Maihama 16 will include 16 auditoriums with a total of 3,500 cozy
LoveSeat-style seats. The megaplex's concession stand will feature American
theatre fare -- such as hot dogs, nachos, candy and, of course, fresh-popped
popcorn -- along with selected traditional Japanese refreshments.
"Our expansion in Japan continues as the Japanese moviegoers appreciate
the choice, convenience and customer care amenities of the AMC megaplex,"
AMC Entertainment Inc. is a leader in the U.S. theatrical exhibition
industry through its largest subsidiary, American Multi-Cinema, Inc., and is
also active in select international markets. The Company operates 231
theatres with 2,557 screens in 23 states, the District of Columbia, Japan,
Portugal and Spain. Its Common Stock trades on the American Stock Exchange
under the symbol AEN. The Company is headquartered in Kansas City, Mo. For
more information on the Company, visit the website at
Any forward-looking statements contained in this release, which reflect
management's best judgment based on factors currently known, involve risks and
uncertainties. Actual results could differ materially from those anticipated
in the forward-looking statements included herein as a result of a number of
factors, including but not limited to the Company's ability to enter into
various financing programs, competition from other companies, demographic
changes, changes in economic climate, increase in demand for real estate,
construction delays, the ability to open new theatres and screens as currently
planned, changes in real estate, zoning and tax laws, the performance of films
licensed by the Company and other risks and uncertainties.
SOURCE AMC Entertainment Inc.
/CONTACT: Brenda Nolte, Corporate Affairs Officer of AMC Entertainment
/Web site: http://www.amctheatres.com/
CO: AMC Entertainment Inc.
IN: ENT LEI REA
-0- Oct/30/1998 12:00
EOS (PRN) Oct/30/98 12:00 86
-0- (PRN) Oct/30/1998 12:15
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