Cineplex Odeon Corporation was one of
North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
's largest
movie theatre
A movie theater (American English), cinema (British English), or cinema hall (Indian English), also known as a movie house, picture house, the movies, the pictures, picture theater, the silver screen, the big screen, or simply theater is a ...
operators and live theatre, with theatres in its home country of
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
and the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. 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 () brand. The company was the result of Cineplex Corporation in 1984 purchasing and merging with Canadian Odeon Theatres, which itself was the result of a merger between Canadian Theatres and Odeon Theatres of Canada in 1978.
Theatres formerly operated by the company are now operated by
Cineplex Entertainment in Canada and as
AMC Theatres
AMC Entertainment Holdings, Inc. (d/b/a AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain fou ...
in the United States.
History
Odeon Theatres of Canada
The oldest ancestor of Cineplex Odeon was Odeon Theatres of Canada, started as "Generals Theatre Corporation" by Paul Nathanson, son of
Famous Players
Famous Players Limited Partnership, DBA Famous Players, is a Canadian-based subsidiary of Cineplex Entertainment. As an independent company, it existed as a film exhibitor and cable television service provider. Famous Players operated numerous m ...
Canadian Corporation president Nathan L. Nathanson. The "Odeon Theatres of Canada" name was first used in January 1941. The elder Nathanson was rumoured to be involved in the chain, but it was not until early May 1941 that he resigned (for the second time) from Famous Players Canadian, and acknowledged his position in creating and operating Odeon. The chain, initially composed of independent theatres, was not originally affiliated with the
British
British may refer to:
Peoples, culture, and language
* British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies.
** Britishness, the British identity and common culture
* British English, ...
"
Odeon Cinemas
Odeon, stylised as ODEON, is a cinema brand name operating in the United Kingdom, Ireland and Norway, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsidiary of AMC Theatres. It uses the famous name of ...
" circuit; it was sold to the British chain's owners, the
Rank Organisation
The Rank Organisation was a British entertainment conglomerate founded by industrialist J. Arthur Rank in April 1937. It quickly became the largest and most vertically integrated film company in the United Kingdom, owning production, distrib ...
, in 1946. Following
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...
, there was a wave of
anglophilia
An Anglophile is a person who admires or loves England, its people, its culture, its language, and/or its various accents.
Etymology
The word is derived from the Latin word '' Anglii'' and Ancient Greek word φίλος ''philos'', meaning "frie ...
in
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
; Odeon emphasised its British ownership to capitalize on this sentiment, screening British films—particularly those made by Rank.
Odeon Theatres of Canada merged with the Canadian Theatres chain in 1978, becoming known as Canadian Odeon Theatres.
Acquisition by Cineplex Corporation
Cineplex Corporation began operating in 1979. On April 19, 1979,
Nathan "Nat" Taylor, inventor of the
multiscreen theater, and
Garth Drabinsky
Garth Drabinsky (born 1949)Charlebois, Gaetan, and Anne NothofDrabinsky, Garth Canadian Theatre Encyclopedia. Athabasca University. Anne Nothof, ed. "Ontario-based entrepreneur, born in Toronto in 1949." is a Canadian film and theatrical producer a ...
opened the first Cineplex location, an 18-screen complex in the basement of the
Toronto Eaton Centre
The Toronto Eaton Centre (corporately styled as the CF Toronto Eaton Centre since September 2015, and commonly referred to simply as the Eaton Centre) is a shopping mall and office complex in the downtown core of Toronto, Ontario, Canada. It is ...
. At the time, the theatre earned a place in the
Guinness Book of World Records as the world's largest cinema.
In July 1982 they opened their first theater in the United States, with a 14-screen multiplex in the newly built
Beverly Center
Beverly Center is a shopping mall in Los Angeles, California, United States. It is an eight-story structure located at the edge of Beverly Hills and West Hollywood, between La Cienega and San Vicente boulevards. Anchor tenants include Blooming ...
in Los Angeles, the largest in the US at the time.
[ Also in 1982, the company listed on the ]Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the ...
.[
After successfully winning a legal challenge against the Famous Players/Canadian Odeon duopoly and their exclusive contracts with major studios, in June 1984, Cineplex bought Canadian Odeon Theatres who owned 164 theaters with 297 screens for $12 million, to become Cineplex Odeon.] The Bronfman family
The Bronfman family is a Canadian family, known for its extensive business holdings. It owes its initial fame to Samuel Bronfman (1889–1971), the most influential Canadian Jew of the mid-20th century, who made a fortune in the alcoholic distill ...
was a major investor in the purchase.
Expansion
In November 1985, Cineplex Odeon bought the Plitt Theatres
Plitt Theatres was a major movie theater chain in the United States and went under a number of names, Publix Theaters Corporation, Paramount Publix Corporation, United Paramount Theatres, American Broadcasting-Paramount Theatres and ABC Theatres a ...
chain (previously United Paramount Theatres and ABC Theatres) consisting of over 600 screens, for $135 million. In 1986, Cineplex Odeon bought Essaness Theatres (a Chicago area chain founded in 1929 by Edwin Silverman
Edwin Silverman (1898 – February 12, 1970) was an American businessman who co-founded the Essaness Theatres chain and founded WSNS-TV.
Biography
Silverman was born to a Jewish family in Chicago.[Spiegel catalog
Spiegel was an American direct marketing retailer founded in 1865 by Joseph Spiegel. Spiegel published a catalog, like its competitors Sears and Montgomery Ward, which advertised various brands of apparel, accessories, and footwear, as well a ...]
family) consisting of 41 screens for $14.35 million; Neighborhood Theatres of Virginia (75 screens) for $21 million; RKO Century Theatres chain (previously Century Theatres New York area chainand RKO Stanley Warner Theatres) involving 93 screens in New York and New Jersey for $179 million; and Seattle based Sterling Recreation Organization with 114 screens for $45.5 million.[ Also, in 1986, when federal regulations had been relaxed, MCA (owners of ]Universal
Universal is the adjective for universe.
Universal may also refer to:
Companies
* NBCUniversal, a media and entertainment company
** Universal Animation Studios, an American Animation studio, and a subsidiary of NBCUniversal
** Universal TV, a ...
) purchased a stake in Cineplex Odeon. In 1987, Cineplex acquired the Walter Reade Organization (including 11 screens) for $32.5 million from The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrup ...
.[ They also listed on the ]New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
in May 1987.[ They acquired 20 Circle Theatres in Washington DC and Maryland with 75 screens for $51 million in December 1987.][
In 1986, the corporation established a ]film distribution
Film distribution (also known as Film exhibition or Film distribution and exhibition) is the process of making a movie available for viewing by an audience. This is normally the task of a professional film distributor, who would determine the marke ...
outlet, Cineplex Odeon Films
Cineplex Odeon Films (later known as Odeon Films) was the film distribution unit of the Canadian cinema chain Cineplex Odeon Corporation. The company was originally named Pan-Canadian Film Distributors. In 1998, the company was sold off to Allianc ...
, and a home video
Home video is prerecorded media sold or rented for home viewing. The term originates from the VHS and Betamax era, when the predominant medium was videotapes, but has carried over to optical disc formats such as DVD, Blu-ray and streaming me ...
distribution Distribution may refer to:
Mathematics
*Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations
* Probability distribution, the probability of a particular value or value range of a vari ...
outlet, Cineplex Odeon Home Video
Cineplex Odeon Films (later known as Odeon Films) was the film distribution unit of the Canada, Canadian movie theater, cinema chain Cineplex Odeon Corporation. The company was originally named Pan-Canadian Film Distributors. In 1998, the company ...
(Later Cineplex Odeon Video) replacing Pan-Canadian Video Presentations. It distributed all titles in Canada on MCA's behalf, but the film distribution outlet ceased operation in 1997 and the home video outlet a year later after MCA was renamed as Universal Studios
Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Ameri ...
. The company also operated Live Entertainment of Canada, which was established in 1989 after they acquired Pantages Theatre from Famous Players. Livent became an independent company after an internal conflict between Drabinsky and MCA.
Cineplex Odeon had grown to become one of the largest film exhibitors in North America by 1993, with 1,630 screens and operations in 365 locations within North America. At this point, Cineplex Odeon accounted for roughly 8% of box office revenues in North America, competing mostly with Famous Players
Famous Players Limited Partnership, DBA Famous Players, is a Canadian-based subsidiary of Cineplex Entertainment. As an independent company, it existed as a film exhibitor and cable television service provider. Famous Players operated numerous m ...
in the Canadian market. Cineplex Odeon and Famous Players were two dominant forces in the Canadian film industry, with both organizations accounting for roughly two-thirds of the industry's annual revenues. The key to the success of the two organizations was in large part due to their supply chain. Cineplex Odeon had exclusive first-run rights to films made by Columbia and Universal Studios
Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Ameri ...
, which allowed them to seize a hefty market share.
Controversy surrounded the practices of both Cineplex Odeon and Famous Players in 1998. The two companies had been accused of operating as a duopoly, and choking off the film supply so smaller theatres could not show the same products.
In April 1998, Cineplex Odeon Theatres merged with New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
-based Loews Theatres 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 ...
(founded in 1904 by Marcus Loew
Marcus Loew (May 7, 1870 - September 5, 1927) was an American business magnate and a pioneer of the motion picture industry who formed Loew's Theatres and the Metro-Goldwyn-Mayer film studio (MGM).
Life and career
Loew was born in New York City, ...
) to form Loews Cineplex Entertainment
Loews Cineplex Entertainment, also known as Loews Incorporated, is an American theater chain operating in North America. From 1924 until 1959, it was also the parent company of Metro-Goldwyn-Mayer Studios (MGM).
The company was originally cal ...
. Alliance Atlantis
Alliance Atlantis Communications Inc. (commonly known as Alliance Atlantis and commonly shortened to simply Alliance or Atlantis and formerly traded as TSX:AAC) was a Canadian media company that operated primarily as a specialty service operato ...
purchased Cineplex Odeon Films assets along with its home video division the same year.
Post Loews Cineplex Entertainment
After the merger, the company ceased to exist and was merged into the operations of Loews Cineplex Entertainment. In 1999, Ellis Jacob and Steve Brown, former executives who left Cineplex Odeon Corporation during the ownership change, created Galaxy Entertainment
Galaxy Entertainment Group ("GEG") ( is a company that owns and operates hotels and casinos in Macau through its subsidiary, Galaxy Casino S.A.
History
The company, known formerly as K. Wah Construction Materials, disposed of its construction ma ...
designed to bring big-city entertainment to mid-sized markets across Canada. In 2001, Loews Cineplex Entertainment, the company that merged with Cineplex Odeon, filed for chapter 11 bankruptcy. Lowes Cineplex was later acquired by Onex Corporation and Oaktree Capital Management
Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele.
The firm was co-founded in 1995 by a group that ...
in 2002. In 2004, Onex decided to sell Loews Cineplex and retain the Canadian operations, merging then with Galaxy to form Cineplex Galaxy Income Fund
Cineplex Inc. (formerly Cineplex Galaxy) is a Canadian movie theatre and family entertainment centre chain headquartered in Toronto.
The company was formed in 2003 via the acquisition of Loews Cineplex's Canadian operations (which included ...
(now Cineplex Entertainment). At the time of the merger, Cineplex Odeon operated 40 locations in Canada.
Gallery
File:Odeon (Canada) logo.png, The logo used by Odeon Theatres of Canada, the same logo used by its British parent company, Odeon Theatres.
File:Canadian Odeon Theatres logo.png, The logo of Canadian Odeon Theatres.
File:Cineplex Corporation logo.png, The logo of the Cineplex Corporation.
File:Cineplex Odeon Cinemas logo.svg, The logo of the Cineplex Odeon (1984–1998).
File:Cineplex Odeon logo.svg, The logo of the Cineplex Odeon (1998–2009).
File:Cineplex Odeon Eglinton Town Centre.jpg, The Cineplex Odeon at Eglinton Town Centre in Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
.
See also
*List of Cineplex Entertainment movie theatres
This is a list of Canadian movie theatres operated by Cineplex Entertainment under its under numerous brands, including Galaxy, Cineplex Odeon, SilverCity, Cinema City, Famous Players, Coliseum, Colossus, Scotiabank Theatre, Cineplex Cinemas, a ...
References
External links
Cineplex Entertainment LP Website
{{Authority control
Loews Cineplex Entertainment
Movie theatre chains in Canada
Movie theatre chains in the United States
Companies based in Toronto
Entertainment companies established in 1979