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Among the changes was the closures of 46 theatres in North America including 21 Loews theatres in the U.S. and 25 Cineplex Odeon theatres in Canada. [18] In 2002, Onex Corporation and Oaktree Capital Management acquired Loews Cineplex from Sony and Universal and the company was filed for initial public offering (IPO).
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.
Loew's Jersey Theatre exterior 2006. Loew's Valencia, Jamaica, Queens. The Loew's Wonder Theatres were movie palaces of the Loew's Theatres chain in and near New York City. These five lavishly designed theaters were built by Loew's to establish its preeminence in film exhibition in the metropolitan New York City area and to serve as the chain's ...
Loews may refer to: Loews Cineplex Entertainment, formerly Loews Incorporated, a defunct North American cinema chain which formerly owned Metro-Goldwyn-Mayer. United States v. Loew's Inc., a United States Supreme Court case involving Loews; Loews Corporation, an American holding company; Loews Hotels, a North American hotel chain
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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.
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In 1959, the Tisch brothers purchased a controlling interest in Loew's Theatres, a nationwide chain of 102 movie theaters, from MGM. This acquisition formed the foundation of the modern-day Loews Corporation, and the company was listed on the New York Stock Exchange that same year.