AMC 20

Spot Location

545 Hibiscus Street
West Palm Beach
FL 33401
United States of America

AMC 20 on Hibiscus Street, West Palm Beach Florida - location map

Google Map Directions/Navigation

Take me there!
Contact/Connect to Spot

Phone: (561) 833-2310

Website

Spot Details

Spot Type

  • Entertainment
  • Cinema
Spot is on Exit(s)

I-95-FL-70-NB
 SR 704 (Okeechobee Boulevard) – Downtown West Palm Beach
West Palm Beach Palm Beach FL

I-95-FL-69B-SB
 Belvedere Road – Palm Beach International Airport
West Palm Beach Palm Beach FL

Brand

Brand: AMC

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 headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres.

After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. It has 2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the United States.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. 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.

Amid financial downturns caused by the COVID-19 pandemic, in January 2021 Wanda's ownership was increasingly diluted due to new financing by AMC, and Silver Lake converting its $600 million debt holding to equity after a short squeeze. In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power.

Wikipedia entry



Alpha Release News: see notes.