AMC Theatres is a global movie exhibition company that boasts the title of being the largest in the U.S., Europe, and the world. With around 1,000 theaters and over 11,000 screens globally, the company entertains roughly 350 million guests annually. In the U.S. alone, AMC operates approximately 660 theaters with 8,200 screens, serving 265 million guests. With a nearly century-old foundation in Kansas City, AMC has been an industry pioneer, introducing numerous innovations over the years, including the first multiplex, cup holder armrests, and the first megaplex. Presently, the company spearheads the industry in creating remarkable theater experiences, from plush power-recliner seats to an array of food and beverage options, as well as enhanced guest engagement through loyalty programs, a user-friendly website, and mobile app. They have also focused on providing an immersive movie-watching experience through partnerships with IMAX and Dolby Cinema, offering diverse content, including independent programming. AMC holds strong market positions, ranking #1 or #2 in 22 of the 25 largest U.S. metropolitan areas, including the top three markets in New York, Los Angeles, and Chicago.
Adam Aron, appointed as the CEO and President in 2016, has been instrumental in elevating AMC to new heights. The company completed significant acquisitions in 2016, acquiring both Carmike Cinemas in the United States and ODEON Cinemas, the largest theater operator in Europe. Through its Odeon subsidiary, AMC operates in 14 European countries and holds the coveted position of being the #1 theater chain in Estonia, Finland, Italy, Latvia, Lithuania, Spain, Sweden, and the UK & Ireland. In September 2023, AMC Theatres secured a noteworthy $325.50 million Post-IPO Equity investment, further underlining its position as a dominant force in the entertainment industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $325.50M | - | 13 Sep 2023 | |
Post-IPO Equity | $110.00M | 1 | Antara Capital | 22 Dec 2022 |
Post-IPO Debt | $950.00M | - | 02 Feb 2022 | |
Post-IPO Equity | $506.00M | - | 25 Jan 2021 | |
Post-IPO Debt | $411.00M | - | 25 Jan 2021 |
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