Odeon Cinemas Group is Europe's largest cinema operator. Through subsidiaries it has over 360 cinemas, with 2900 screens in 14 countries in Europe, 120 cinemas with 960 screens are in the UK. It receives more than 2.2 million guests per week.
Odeon Cinemas Group is a wholly owned subsidiary of
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 ...
. The company has three main subsidiaries,
Nordic Cinema Group
Nordic Cinema Group is a Swedish company which owns 103 cinemas and 590 cinema saloons in six countries ( Sweden, Norway, Finland, Estonia, Latvia and Lithuania). It was founded in 2013 through a merger of Filmstaden in Sweden, Odeon Kino in N ...
,
United Cinemas International
UCI Cinemas (''United Cinemas International'') is a brand of cinema, currently operating in Germany, Italy, Portugal, and Brazil, which has been owned since 2004 by Odeon Cinemas Group, whose owner is now AMC Theatres, except for the UCI Cinemas ...
, and
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 ...
. Nordic Cinema Group in turn owns
Finnkino
Finnkino Oy is a Finnish film distributor and the biggest cinema chain in Finland. It was established in 1986 as a union of 34 companies working in the film industry. In 1994 Finnkino was acquired by the Rautakirja Group, which became a divisio ...
and its subsidiary Forum Cinemas.
History
The company was incorporated in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
, England, on 22 June 2016, as part of a $1.2 billion takeover of
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 ...
and
United Cinemas International
UCI Cinemas (''United Cinemas International'') is a brand of cinema, currently operating in Germany, Italy, Portugal, and Brazil, which has been owned since 2004 by Odeon Cinemas Group, whose owner is now AMC Theatres, except for the UCI Cinemas ...
by
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 ...
. The deal left Odeon Cinemas as a wholly owned subsidiary of Odeon Cinemas Group. AMC claimed after the acquisition that it was the "largest movie exhibition company in the world".
David Anderson was appointed as chief commercial officer on 27 October 2017, replacing Ian Shepherd. When he was appointed, the group managing director was Mark Way and the chief operating officer was Jan Bernhardsson. The company received the
2018 CIPD People Management Awards for "
Best international HR initiative". Having won in the "Talent Management" category in 2017.
In March 2018,
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world.
The agency was estab ...
reported that AMC was working with
Citi
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial ...
to potentially float the company on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
in a $2 billion
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
.
On March 17, 2020, All of its UK-area theatres temporarily closed due to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
.
Position in group
References
{{reflist
Cinemas and movie theaters chains
AMC Theatres
Companies based in the City of Westminster