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Round One Corporation

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Round One Corporation ( Japanese : ラウンドワン , Hepburn : Raundo Wan ) , stylized as ROUND1 , is a Japan-based amusement store chain. In Japan, the amusement centers offer bowling alleys, arcade games, karaoke, and billiards. Select larger locations also include SpoCha, which is an abbreviation for “Sports Challenge”, which offers a variety of items and indoor activities such as batting cages , basketball, volleyball, tennis, futsal , driving range, etc. Round One Entertainment Inc. is an American subsidiary of Round One Corporation. The amusement centers in the U.S. offer a variety of bowling , karaoke , video game arcade cabinets and redemption games , billiards , darts , and ping pong while serving a variety of food and beverages.

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68-418: On December 25, 1980, the owner, Masahiko Sugino, founded a company called Sugino Kosan that featured a roller skate facility with arcade games. A few years later, the facility expanded to include a bowling alley which became very popular. This company later became the first Round One arcade in 1993. Since then, the company quickly expanded all across Japan. Before 2010, the company first attempted to expand to

136-474: A dynamic pricing model for tickets for showings that occur after 4pm based on seat location. Seats located near the front of the theatre and select ADA seats will be priced less than other seats and will only be made available to members of the Stubs rewards program and seats in the middle of the theatre will be priced more than the other non-front row seats. In addition, AMC Stubs A-List members will be able to reserve

204-714: A "guest". By the 1980s, the company was experiencing strong growth; in 1983, it had its initial public offering . AMC Theatres built its first multiplex overseas in 1985, the 10-screen multiplex at The Point, Milton Keynes in the United Kingdom , and later opened additional sites in the UK such as in Dudley and Tamworth, Staffordshire . In October 1988, they announced a joint venture with United Artists Theaters and Cinema International Corporation (a partnership of Paramount Pictures and Universal Studios ) to run their combined cinemas in

272-474: A "significant" number of upcoming blockbuster films as signs of optimism. Aron also confirmed that Wanda no longer had majority control, and the company would now "be governed like most other publicly traded companies with a wide array of shareholders". In June 2021, retail investors once again poured into AMC stock, propelling shares to an all-time high of $ 77.26 in another alleged short squeeze. Short sellers betting against AMC incurred losses of over $ 2.8B as

340-655: A 0.002% stake with the SEC, largely confirming the end of their involvement in AMC. During its fourth-quarter earnings call in March 2021, the company reported that its revenue had fallen by 88% year-over-year. CEO Adam Aron stated that AMC was facing the "most challenging market conditions in the 100-year history of the company", but cited progress on COVID-19 vaccinations, decisions to allow cinemas in New York City and Los Angeles to re-open, and

408-540: A 700-seat theater. As the sites could not be combined, they opened two theaters side-by-side as the Parkway Twin Theatre in 1963. This was the company's first foray into using the multiplex model. According to Variety , Stanley Durwood later claimed in 1962 that he "was standing in the lobby of his 600-seat Roxy in Kansas City mulling over its poor grosses, when he realized he could double his box office by adding

476-429: A U.S.-based subsidiary of Wanda Group issued a filing with the SEC, stating that it had converted its Class B common stock to Class A shares to permit their sale. While Wanda remained AMC's largest single shareholder, the conversion, as well as AMC's financing efforts taking its stake below 37%, effectively surrendered its majority control since Class A stock only provides one vote per-share. On May 21, 2021, Wanda filed

544-480: A bar service under the MacGuffins brand. These are primarily offered at AMC and AMC Dine-in locations, but some AMC Classic locations with liquor licenses offer their alcoholic beverages under this brand. Drinks can be ordered to be consumed in the bar and lounge area or taken into the theater. Some AMC Dine-in theaters have their MacGuffins set up as a full-service restaurant that can be accessed without having to pay for

612-448: A result. AMC issued more shares during the surge, but warned potential investors against buying the shares "unless you are prepared to incur the risk of losing all or a substantial portion of your investment". The cinema chain operator said it believed current prices reflected "market and trading dynamics unrelated to our underlying business". In the year to date, shares in AMC had soared 2,421% – despite its cinemas being largely shut during

680-709: A second screen and still operate with the same size staff." Following the success of the Parkway Twin, AMC followed up with the Embassy 3 triplex at the Country Club Plaza ; the Metro Plaza, a four-screen theater in Kansas City in 1966; and a six-screen theater in Omaha in 1969. The industry quickly embraced the multiplex concept, where additional screens meant very little difference in staff and operating costs but resulted in

748-579: A shorter theatrical window of 17 days before Universal could release their films via premium VOD, as well as revenue sharing on the premium VOD window. On August 20, 2020, AMC began the process of reopening selected locations in the United States where allowed under local health orders. In honor of the company's centennial year, AMC also offered a special 15-cent ticket promotion that day, promoted as "Movies in 2020 at 1920 Prices." The company aimed for at least two thirds of its locations to be open in time for

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816-501: A significant profit increase. The concept also provided more film choices at one location, drawing bigger crowds. It also gave owners the flexibility to show big hits on more screens and less reliance on any individual film that could turn out to be a bust. Stanley renamed Durwood Theatres as American Royal Cinema on October 1, 1968, after the American Royal livestock and horse show, but the latter's producers sought an injunction, and

884-462: A single calendar month. Manual adjustments would be made for purchases made within 30 calendar days from date of original purchase. As of March 29, 2012, AMC Stubs had 3.2 million members, which represents approximately 18% of AMC attendance during fiscal 2012. In July 2018, AMC Stubs was split into three programs that are currently still in-place: the free AMC Stubs Insider; the yearly fee-based AMC Stubs Premiere, which costs $ 15 annually and provides

952-578: Is a major regional shopping center in the San Gabriel Valley region of Los Angeles County . It is most notable for serving as the filming site for the Twin Pines/Lone Pine Mall for the 1985 movie Back to the Future starring Michael J. Fox and Christopher Lloyd . Anchor tenants are Round 1 Entertainment , AMC Theatres , 24 Hour Fitness , and Ross Dress For Less . Puente Hills Mall

1020-518: Is an American movie theater chain founded in Kansas City, Missouri , and now headquartered in Leawood, Kansas . It is 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 Cinemas and Cinemark Theatres . After acquiring Odeon Cinemas , UCI Cinemas , and Carmike Cinemas in 2016, it became the largest movie theater chain in

1088-610: The DeLorean time machine . The JCPenney and Robinson's stores feature prominently in the background. A Ross Dress for Less store can be seen in a strip mall across the street. The scenes were filmed in January 1985. According to the DVD audio commentary , screenplay writer Bob Gale says that several fans gathered at the Puente Hills Mall in the early hours of October 26, 1985, the date given in

1156-734: The Ontario Mills 30, a 30-screen theater in Ontario, California , which at the time was the largest multiplex in the world. AMC Theatres' megaplex theatres were a success overseas as well. In April 1996, they opened Canal City 13 in Fukuoka, Japan , which was followed on December 20, 1996, by the AMC Arrábida 20 in Porto, Portugal . In January 2002, the 16-screen Great Northern theatre was opened in Manchester in

1224-578: The U.S. Air Force after World War II , he joined the company in 1945. He persuaded his father to build drive-in theaters in St. Joseph, Jefferson City, and Leavenworth. In 1947 they expanded further with the acquisition of the Liberty Theater in downtown Kansas City which they remodeled and renamed the Roxy. They won an antitrust suit to enable them to show first-run product at the Roxy and went on to acquire all of

1292-544: The 400 jobs to move across the Kansas/Missouri border. After reaching a settlement with the state of Illinois regarding complaints from a disability rights organization in April 2012, AMC pledged to equip all of its theaters in the state with captioning and description services by 2014. The disability rights group had accused the company of only providing closed captioning or audio description systems at some of its locations in

1360-463: The AMC cinemas that were not part of the Loews Cineplex acquisition and therefore ticketed by MovieTickets.com , the website's surcharge was waived for MovieWatcher members. On April 1, 2011, AMC started a new rewards program known as AMC Stubs, which could be purchased for a fee of $ 12 for an entire year. For that initial fee, members would receive $ 5 on every $ 50 spent between the box office and

1428-846: The European chain. In 1995, AMC Theatres opened the first North American megaplex, the AMC Grand 24 in Dallas, Texas , a theater complex that could accommodate thousands. AMC continued to open other megaplex theaters, such as the AMC Hampton Towne Center 24 in Hampton, Virginia, and the chain's busiest theater in the US, the AMC Empire 25 in New York City near Times Square . On December 13, 1996, AMC opened

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1496-622: The September 3 release of Tenet . The company upgraded its air filtration systems to four times the rates before the pandemic and installed electrostatic sprayers in the auditoriums. In October 2020, the company reported that its existing cash resources "would be largely depleted by the end of 2020 or early 2021." On January 26, 2021, AMC stated that it had raised $ 917 million in new funding, including $ 506 million in equity and new common shares, and commitments for $ 411 million in debt financing. The company stated that this new funding "should allow

1564-588: The U.K., marking the chain's return to the UK market after 14 years. This was later supplemented by the opening of a 12-screen cinema on the Broadway Plaza site in Birmingham in October 2003. AMC Theatres sometimes serve a dual function; in addition to the regular cinema functions, they also cater to companies' business conferences that can make use of their projectors for displaying presentations. In 2004, AMC Theatres

1632-631: The U.S., there are currently stores open in 27 states. More locations are planned to open in Indiana , and South Carolina . As of 2019, Round 1 plans to expand at a rate of 10 stores per year. The brand also plans to open stores in the Asia-Pacific region. There is currently a location open in China, and a former location in Russia, which was divested in 2022. In addition to American arcade games, Round One locations in

1700-450: The UK, Ireland under the AMC name, however, AMC pulled out of the joint venture in December 1988, and sold their U.K. assets, including their 12 cinemas, to the new entity (later called United Cinemas International ) for $ 98 million and withdrew from the UK market. In 1988, Kinepolis Brussels , the first megaplex in the world, with 25 screens and 7,600 seats, was opened by Kinepolis ,

1768-467: The United States offer many exclusive Japanese arcade games, which is something that other arcades rarely or cannot offer. These include beatmania IIDX 31: Epolis , Dance Dance Revolution World , Sound Voltex EXCEED GEAR , Groove Coaster , Wangan Midnight Maximum Tune 5 (addressed as Maximum Tune 5 for its American release; currently released as its updated form Maximum Tune 5DX+ ), and Initial D Arcade Stage 8 . They also exclusively offer

1836-405: The United States through the end of 2026. Selected AMC locations offer premium screens and features for a higher ticket price, including premium large formats . AMC Entertainment Holdings Inc. invested $ 20 million in virtual-reality arcades and productions: $ 10 million to virtual reality entertainment company Dreamscape Immersive and another $ 10 million in a content fund. AMC Theatres created

1904-529: The United States, when the company established Round One U.S.A. Corp , but after not finding a good location for their first overseas location, this subsidiary closed down in July 2006, the subsidiary was relaunched in 2008 as Round One Entertainment Inc., and successfully opened up a Round One-branded location at Puente Hills Mall in City of Industry , California in 2010. In Japan, there are currently 107 stores open. In

1972-473: The announcement of its "AMC Preferred Equity Units" after market close, a new preferred share class. The units were to be listed on the New York Stock Exchange under the symbol "APE," a nod to the individual investors who turned the company into a meme stock , who often refer to themselves as "apes". Over 516 million APE units were subsequently issued to AMC shareholders in a 1:1 special dividend, with

2040-525: The carousel, but was removed as of 2006. The koi were moved to Sycamore Lake at Rose Hills Memorial Park in Whittier. The mall underwent a full interior makeover in 2007 after the removal of the koi pond. Due to the large and influential Asian immigrant populations residing and/or operating businesses in nearby areas (notably in Industry, Hacienda Heights, Rowland Heights, Walnut, and Diamond Bar), some redesigns of

2108-719: The closure of all of its theaters due to the COVID-19 pandemic , in compliance with CDC guidance against any gathering of over ten people. AMC said this shutdown would last for at least six to twelve weeks. On March 25, 2020, AMC furloughed all of its 600 corporate employees, including CEO Adam Aron. All furloughed corporate AMC employees and associates retained active employment status, including all health benefits. On April 28, 2020, AMC announced they would no longer carry films from Universal Pictures after NBCUniversal CEO Jeff Shell commented in The Wall Street Journal that

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2176-444: The company in 1936 after being injured in an auto accident. Edward, the youngest brother, eventually changed his last name to Durwood, and the company they formed eventually became known as Durwood Theatres, after a legal fight with his brothers. The chain also had theaters in St. Joseph and Jefferson City, Missouri and Leavenworth and Topeka, Kansas . When Edward's son Stanley left

2244-439: The company is above 30%) that, even after reducing its ownership of AMC common stock to just under 50% by the end of 2019, Wanda Group continued to retain majority control over AMC's board of directors. In October 2019, AMC began to offer on-demand rentals and purchases of digital film releases under the banner AMC Theatres On Demand. The service is tied to the company's Stubs loyalty program. On March 18, 2020, AMC announced

2312-680: The company to make it through this dark coronavirus-impacted winter". The next day, as part of a wider series of short squeezes coordinated by the Reddit community r/wallstreetbets (which primarily targeted video game retailer GameStop ), AMC experienced a major, 300% surge in its share price to a peak of $ 20.36. The surge triggered Silver Lake Partners' convertible bonds ; on January 28, it reached an agreement to convert $ 600 million of its debt holdings in AMC to equity at $ 13.51 per-share. Mudrick Capital Management made nearly $ 200 million in profit off its holdings of AMC debt. On February 5, 2021,

2380-415: The company's management to withdraw from such an offering on May 3, 2007. The company filed for a $ 450 million IPO in its third such filing since 2006 on July 14, 2010. Stanley Durwood died in 1999, and his successor was Peter Brown, the first non-Dubinsky/Durwood family member to head the company. Gerardo I. Lopez succeeded Brown as president and CEO of AMC Theatres on March 2, 2009. Previously, Lopez

2448-572: The concession stand at any AMC theater nationwide. AMC Stubs members also received a free size upgrade with every popcorn and drink they purchase (for example, an AMC Stubs member can get a large popcorn for the price of a regular). Other perks include birthday gifts and waived ticketing fees for online ticketing sites such as MovieTickets.com and Fandango and also online ticket purchases through AMC's own website and mobile app. Receipts or ticket stubs were required for manual adjustments. No more than four manual adjustments would be allowed per account in

2516-622: The death penalty for his role of orchestrating the murders. Lewis is currently incarcerated in Death Row at San Quentin State Prison awaiting execution. Puente Hills Mall served as a filming location for the fictional Twin Pines Mall (later Lone Pine Mall) in the 1985 film Back to the Future . In the film, Doc Brown ( Christopher Lloyd ) uses the mall's south parking lot (visible in the above photograph) to stage his time travel experiments with

2584-580: The downtown cinemas in Kansas City including The Empire Theater , the Capri Theatre , the Midland Theatre and the Paramount Theatre. In 1961, after Ed died, Stanley took control of Durwood Theatres, a small ten-theatre chain. With an interstate planned around Kansas City, Durwood looked to sites outside downtown and acquired two sites at a shopping center on Kansas City's Ward Parkway to build

2652-525: The end of the year. This cost reduction would be accomplished by reducing operating hours, cutting staffing levels, and other measures. In September 2018, Silver Lake Partners made a $ 600 million investment in AMC Theatres, whose proceeds were used to repurchase approximately 32% of Wanda Group's class B common stock . However, the voting power of AMC's shares is structured in such a way (granting three votes per-share for each Class B share if its stake in

2720-521: The expensive middle seats at no additional charge. In July 2023 AMC chose to abandon dynamic pricing after testing showed that customers were still not likely to choose front-row seats despite their lower prices, with most customers still sitting in the middle of the theatre or other non-front seats despite the upcharge. This made AMC believe that this made their prices less competitive as competitors did not also adapt dynamic pricing. The company also stated that it would test seats that recline further back in

2788-536: The film as the present day , to see if anything would happen. Puente Hills Mall featured replicas of the Twin Pines Mall sign, the time machine, and Dr. E. Brown Enterprises truck in its parking lot in October 2015. AMC Theatres AMC Entertainment Holdings, Inc. ( doing business as 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 )

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2856-462: The first U.S. location of Round1 Bowling & Amusement , a video game arcade and bowling alley, as a new anchor. It was the company's first overseas store, replacing Linens 'n Things. The center of the mall previously featured a large cubed water fountain, then a merry-go-round attraction built in 1990, but it was later removed by the mall's owners, Krausz Companies, as they were losing money in its operation. An East Asian-style koi pond replaced

2924-594: The first U.S. location of their Japanese "Spo-Cha" indoor sports and interactive activity centers. On May 31, 2018, it was announced that Sears would be closing as part of a plan to close 72 stores nationwide. The store closed in September 2018. On December 1, 2019, Forever 21 announced it would close the Puente Hills Mall store along with 21 other locations in California, and 90 stores nationwide. The store closed in January 2020. On January 5, 2022, Macy's announced that their Puente Hills Mall anchor would be closed in

2992-629: The first financial quarter of 2022. The store closed on March, with Burlington slated to close on March 22, 2024; leaving Round 1 and AMC as the final two remaining anchors in the mall. Numerous crimes have been reported around the mall property going back into the late 1980s. Recent decline in foot traffic around the mall has been a catalyst for recent crimes. In September 1991, a gang of four suspects from West Covina later identified as John Irving Lewis, Lewis' girlfriend Eileen Huber, Lewis' step-sister Robbin Machuca, and Machuca's boyfriend Vincent Hubbard

3060-498: The front rows that would potentially allow better views. On July 31, the company reported their highest single-week admissions revenue in company history due to the Barbenheimer craze. On September 6, AMC announced that it had planned to sell up 40 million shares. AMC patented cup holder armrests in 1981. AMC also introduced stadium-style seating. The seats are placed on risers so that each person has an unobstructed view of

3128-502: The majority of AMC's board of directors. Amid financial downturns caused by the COVID-19 lockdowns , 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. In early-February 2021, Wanda converted its Class B shares to Class A shares , thus reducing its voting power to less than 50%. AMC Theatres

3196-497: The mall incorporated feng shui principles. Toys "R" Us opened in June 2011, taking the spot previously occupied by Circuit City. Toys "R" Us had formerly been located at the Plaza at Puente Hills on Gale Avenue in Industry. It closed along with all USA Toys 'R' Us stores in early 2018, shutting down on April 15, 2018. In 2021, Round1 expanded into the former Toys 'R' Us retail space to open

3264-447: The mall reported 152 shops open and announced plans for construction of an adjacent 41-acre auto mall and home improvement and home furnishings retail district. The mall has a cross-shaped design and was developed by The Hahn Company . In 1993, J.W. Robinson's rebranded as Robinsons-May after the chain merged with May Company . In 1996, two anchor stores, The Broadway (at the time purchased by Macy's ) and JCPenney, were closed. At

3332-401: The name was changed to American Multi-Cinema, Inc. Stanley began to apply military management and the insights of management science to revolutionize the movie theatre industry. As he later explained to Variety magazine, "We needed to define what our company was doing in the (exhibition) business. My dad wasn't that organized." It was structured under the belief that every customer was

3400-403: The now-defunct MovieWatcher program that rewarded frequent movie-goers similar to other rewards programs but featured innovative aspects. It was based on a points-per-movie-ticket-purchased system, with rewards varying from concessions to movie passes based on point-based level. However, points were limited to a maximum of four points per three-hour time period, which was equal to two tickets. For

3468-494: The pandemic. In August 2021, the company revealed plans to begin accepting cryptocurrencies such as Bitcoin for purchases in the future, which it did in November 2021 for online purchases via PayPal . In April 2022, AMC added integration with BitPay as a payment provider to its mobile app, allowing customers to use crypto payments such as Dogecoin and Shiba Inu . On August 4, 2022, AMC took Wall Street by surprise with

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3536-585: The same benefits as the original Stubs plus an expedited line at tickets and concessions; and the monthly fee-based AMC Stubs A-List, which includes up to 3 movie tickets a week to any film in any format for $ 19.95 to $ 23.95 a month, depending on the state the member plans to watch movies in. Discount Tuesdays is another feature every Tuesday for members to purchase tickets typically for just $ 6 to any film in most locations, with occasional exclusions, plus surcharges for premium formats such as 3D, IMAX, and Dolby Cinema, as well as special events. Some AMC locations have

3604-707: The screen. In 1995, they introduced "Love Seat" style seating with retractable armrests so that there can be no barrier between two seats. In July 1994, AMC signed an agreement with Sony to begin installing SDDS (Sony Dynamic Digital Sound) in auditoriums, and began upgrading selected older auditoriums in 2003. On March 26, 2009, AMC announced an agreement to convert 1,500 existing auditoriums to fully digital 3D screens using RealD technology. On March 30, 2009, they announced they would convert all 4,500 screens in their chain to 4K digital projectors provided by Sony. In April 2022, AMC also announced an agreement with Cinionic to install laser projectors at 3,500 of its screens in

3672-477: The second quarter of 2009 and completing in 2012. The company was formerly headquartered in downtown Kansas City. In September 2011, AMC Theatres announced plans to move its headquarters to a new $ 30 million four-story building designed by 360 Architecture in the Park Place development at 117th Street and Nall Avenue in Leawood, Kansas in suburban Kansas City . Kansas had offered $ 47 million in incentives to get

3740-502: The special 20th anniversary golden cabinet for Dance Dance Revolution World . Round One and Dave & Buster's are the only two entertainment centers in the United States that have e-AMUSEMENT , an online service integrated into some Konami arcade games. Round One also offers UFO catchers , a popular type of claw machine in Japan. Puente Hills Mall Puente Hills Mall , located in City of Industry, California , United States,

3808-950: The state. In May 2012, AMC Theatres was acquired by Chinese conglomerate Wanda Group , headquartered in Dalian , who paid $ 2.6 billion to acquire AMC's 5,048 screens in 347 theaters in the U.S. and Canada. The deal was finalized on September 4, 2012. The acquisition made Wanda the world's largest cinema chain. Wang Jianlin , CEO of Dalian Wanda Group, announced that the company would plan to spend $ 500 million renovating AMC locations. AMC Theatres had eight movie theatres in Canada. In July 2012, four locations were sold to Cineplex Entertainment , and two more locations were sold to Empire Theatres and later acquired by Landmark Cinemas . The two remaining locations have since closed. Gerardo I. Lopez announced his resignation as CEO of AMC in August 2015. Craig Ramsey

3876-567: The studio wanted to release films via premium video-on-demand simultaneously with theatrical releases. The company threatened that this will also be done with any other studio "who unilaterally abandons current windowing practices absent good faith negotiations between us, so that they as distributor and we as exhibitor both benefit and neither are hurt from such changes." On June 3, 2020, AMC stated that it had "substantial doubt" that it would remain in business. On July 28, 2020, AMC and Universal were able to resolve their dispute, with AMC agreeing to

3944-526: The time of JCPenney's departure, the mall was at about 50% occupancy. The mall was extensively renovated afterwards and features a 20-screen AMC Theatres megaplex , and stores traditionally found in power centers such as 24 Hour Fitness and Burlington Coat Factory , in addition to the remaining two original anchors, Robinsons-May and Sears. Ross Dress for Less , Circuit City , Linens 'n Things , Spectrum Club, Burlington Coat Factory, Borders , and CompUSA all opened in 1998. In September 2006, Borders

4012-452: The units wielding similar economic properties as common shares. AMC stock gained 19% to $ 22.18 at the close on Friday after initially falling following the announcement of the new units on Thursday. The preferred shares started trading under the "APE" ticker on the New York Stock Exchange starting Aug. 22. AMC CEO Adam Aron stated "We are making great strides on our path towards pandemic recovery". In February 2023 AMC announced plans to test

4080-560: The world. It has 2,807 screens in 353 European theatres and 7,755 screens in 593 American theatres. 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 was structured so that Wanda Group still controlled

4148-455: Was acquired by Marquee Holdings Inc., an investment vehicle controlled by affiliates of J.P. Morgan Partners, LLC , the private equity arm of JPMorgan Chase , and Apollo Global Management , a private investment firm. At the time, AMC was publicly traded on AMEX under the code AEN. In 2006, the company announced a new initial public offering (IPO) expected to be worth approximately $ 789 million; however, adverse market conditions convinced

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4216-458: Was appointed as the interim CEO by the company board. In December 2015, AMC announced that Adam Aron would be the company's president and chief executive officer, as well as a member of the company's board of directors, beginning on January 4, 2016. In March 2016, AMC Theatres announced it would acquire competitor Carmike Cinemas . In July 2016, Carmike's management accepted a revised offer, pending regulatory and shareholder approval. The deal

4284-500: Was arrested in connection with a murder spree around the mall property. The gang was found to have been involved in five murders and three robberies spanning between July and August of 1991. The four were arrested at their apartment on August 30, 1991, pleading not guilty to the charges. Hubbard, Machuca, and Huber were all given life sentences on December 18, 1992. On March 4, 1993, the California Supreme Court granted Lewis

4352-510: Was closed on December 25, 2016, making AMC the largest cinema chain in the United States. On March 1, 2017, AMC Theatres CEO Adam Aron stated that the company would rebrand Carmike Cinemas locations under the AMC name; smaller locations were rebranded under the new banner AMC Classic (which repurposes trademarks associated with Carmike). Aron also announced a plan to rebrand its kitchen-equipped theaters as AMC Dine-In. In July 2017, AMC Theatres announced they would cut $ 30 million in expenses by

4420-534: Was founded in 1920 by Maurice, William, Irvin, Edward, and Barney Dubinsky, sons of Russian Jewish immigrants Simon and Sarah Dubinsky. The Dubinsky brothers had been traveling the Midwest performing melodramas and tent shows with actress Jeanne Eagels . They purchased the Regent Theatre on 12th Street between Walnut and Grand in downtown Kansas City, Missouri . Maurice, the oldest brother, died in 1929, and Barney left

4488-543: Was officially closed while Robinsons-May rebranded as Macy's, after Federated purchased The May Department Stores Company in 2005. Linens 'n Things, Circuit City, and CompUSA all closed their locations at the mall in 2008 and 2009. Circuit City and CompUSA had both gone bankrupt while Linens 'n Things was closed as part of a strategy to focus on online shopping. On August 28, 2010, the Japanese sports entertainment chain Round1 opened

4556-482: Was opened in phases over a year from February 1974 through Spring 1975, after the completion of the Pomona Freeway a few years earlier. The first anchor to open, on February 18, 1974, was The Broadway , with three levels and 160,000 square feet. J.W. Robinson's followed, opening in March. Sears followed, and by March 1975 the mall had about 150 shops open. JCPenney opened on April 16, 1975. By September 1975

4624-553: Was the Executive Vice President of President Consumer Products Group, Seattle's Best Coffee , and Foodservice at Starbucks . Under new leadership, one of the first major announcements came in March of the same year; the company announced that it would equip 1,500 of its screens with Real D projectors. In the same month, AMC Theatres announced it had closed on a $ 315 million deal with Sony to replace all of its reel projectors with digital cinema projectors, starting in

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