AMC Entertainment Holdings

AMC and Wanda

Her name is Wanda. Specifically, the Dalian Wanda Group, which just bought out AMC Entertainment Holdings for $2.6b. I’m guessing the card that gets me free movies for a year just expired. Not only is this the biggest Chinese-led buyout of an American-owned company in history, the deal also makes Wanda the biggest movie theater chain on the planet. That also means there’s no way to hyperbolize this. Wanda, which operates 730 screens (as well as corporate plazas, five-star hotels, department stores and karaoke centers) will take over AMC’s 346, officially making it the biggest. According to MSN Money, AMC was the #2 theater chain in the US behind Regal with $2.5b in sales, although the company has struggled to lose a large amount of debt it’s been carrying. Meanwhile, according to their website, Wanda has assets totaling $31b with an annual income of $17b. As movie fans, none of the numbers matter. What matters is the future of the theater chain. As of now, Wanda hasn’t announced any structural changes, but it’ll be interesting to see if they eventually decide to alter the audience experience in any meaningful way. In the meantime, let’s all laugh at the hilarious xenophobia of the MSN comments section.  

Twitter button
Facebook button
Google+ button
RSS feed

published: 01.28.2015
published: 01.28.2015
published: 01.28.2015
published: 01.27.2015

Some movie websites serve the consumer. Some serve the industry. At Film School Rejects, we serve at the pleasure of the connoisseur. We provide the best reviews, interviews and features to millions of dedicated movie fans who know what they love and love what they know. Because we, like you, simply love the art of the moving picture.
Fantastic Fest 2014
6 Filmmaking Tips: James Gunn
Got a Tip? Send it here:
Neil Miller
Managing Editor:
Scott Beggs
Associate Editors:
Rob Hunter
Kate Erbland
Christopher Campbell
All Rights Reserved © 2006-2014 Reject Media, LLC | Privacy Policy | Design & Development by Face3