April 23, 2018 10:10 PM ET

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Company Overview of AMC Entertainment Holdings, Inc.

Company Overview

AMC Entertainment Holdings, Inc., through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas. AMC Entertainment Holdings, Inc. is a subsidiary of Dalian Wanda Group Co., Ltd.

One AMC Way

11500 Ash Street

Leawood, KS 66211

United States

Founded in 1920

4,332 Employees

Phone:

913-213-2000

Key Executives for AMC Entertainment Holdings, Inc.

AMC Entertainment Holdings, Inc. does not have any Key Executives recorded.

AMC Entertainment Holdings, Inc. Key Developments

AMC to Enter Cinema Sector in Saudi Arabia

AMC has received the first cinema license to open and operate cinemas in the Kingdom. After a 35-year ban on cinemas in the Kingdom of Saudi Arabia, AMC expects to open its first theater in Riyadh on April 18. AMC plans to open the Kingdom’s first cinema theater, in Riyadh, on April 18. This follows the signing of a memorandum of understanding (MoU) between AMC and the Public Investment Fund (PIF) in December 2017 to explore potential trade cooperation opportunities.

AMC Entertainment Seeks IPO For Odeon

AMC Entertainment Holdings, Inc. (NYSE:AMC) is looking for an initial public offering of Odeon and UCI Cinemas Holdings Limited, according to three sources familiar with the matter said. AMC is working with Citigroup Inc. (NYSE.C) on a London float for the chain, which could value it at more than $2 billion.

AMC Entertainment Holdings, Inc. Elects Zeng Maojun as Non-Executive Chairman of the Board of Directors

The board of directors of AMC Entertainment Holdings, Inc. has unanimously elected Zeng Maojun (John Zeng) as the non-executive Chairman of the board of directors, effective immediately. Mr. Zeng is President of Wanda Film Group, and is Wanda’s most senior executive in charge of all of Wanda’s film-related activity, including Wanda Cinemas, Wanda Films and the Qingdao Movie Metropolis. Mr. Zeng has served on the AMC Board of Directors since February of 2016. He replaces as Board Chairman Lincoln Zhang, who has taken on a new senior position within the Wanda Group.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 6, 2017
Two Theatres with 15 Screens
Merger/Acquisition
September 14, 2017
Seven Theatre Properties in New York, New Jersey & Indiana
Private Placement
September 5, 2017
Dreamscape Immersive, Inc.
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