![]() ![]() In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power to less than 50%. Private equity firm Silver Lake Partners made a $600 million investment in AMC in September 2018, but the voting power of AMC shares is structured in such a way that Wanda Group still controlled the majority of AMC's board of directors.Īmid financial downturns caused by the COVID-19 pandemic, in January 2021 Wanda's ownership was increasingly diluted due to new financing by AMC, as well as short squeezes that resulted in Silver Lake converting its $600 million debt holding to equity. Movies Universal CityWalk’s AMC Theater redesign: No concession lines, a total black box auditorium and a social lounge A Space Age bar and a lounging area from a new multimillion-dollar. ![]() The company is listed on the New York Stock Exchange from 2012 to 2018, the Chinese conglomerate Wanda Group owned a majority stake in the company. Now the Universal AMC Theatre & IMAX, located just across from the giant Hard Rock Cafe near CityWalk’s east entrance, has been completely overhauled in a beautiful nine-month renovation and. It has 2,807 screens in 353 theatres in Europe and 7,755 screens in 593 theatres in the United States. See the IMAX Difference in Universal City. Starplex Cinemas Eastwynn Theatres, Inc.Īfter acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. Order tickets, check local showtimes and get directions to Universal Cinema AMC at CityWalk Hollywood & IMAX. ![]()
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