Odeon Cinemas Group
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Odeon Cinemas Group Limited 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. (doing business as AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC) is an American movie theater chain founded in Kansas City, Missouri, and now headquartered ...
. The company has three main subsidiaries,
Nordic Cinema Group Nordic Cinema Group AB 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 ...
,
UCI Cinemas 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 Cinem ...
, and
Odeon Cinemas Odeon Cinemas Limited, trading as Odeon (stylised in all caps), is a cinema brand name operating in the United Kingdom, Ireland, Norway and Greece, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsi ...
. Nordic Cinema Group in turn owns
Finnkino Finnkino Oy is a Finnish film distributor, producer, and movie theater chain. 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 division o ...
and its subsidiary Forum Cinemas.


History

The company was incorporated in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, England, on 22 June 2016, as part of a $1.2 billion takeover of
Odeon Cinemas Odeon Cinemas Limited, trading as Odeon (stylised in all caps), is a cinema brand name operating in the United Kingdom, Ireland, Norway and Greece, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsi ...
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 Cinema ...
by
AMC Theatres AMC Entertainment Holdings, Inc. (doing business as AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC) is an American movie theater chain founded in Kansas City, Missouri, and now headquartered ...
. 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. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
reported that AMC was working with
Citi Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and ...
to potentially float the company on the
London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
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 and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
.


Position in group



References

{{Odeon Cinemas, state=expanded Cinemas and movie theaters chains Odeon Cinemas AMC Theatres Companies based in the City of Westminster Entertainment companies established in 2016 British companies established in 2016 2016 establishments in England Mass media companies based in London British subsidiaries of foreign companies