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Home > Company Index > Media > Movie Theaters > GC Companies, Inc.

GC Companies, Inc.
NYSE: GCX
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 PROFILE
In general, GC Companies operates cinemas. More specifically, the company operates about 80 General Cinema movie theaters mostly in large urban and suburban areas in 19 states and the District of Columbia. It also has a joint venture with Hoyts Cinemas (15 theaters with nearly 150 screens in South America) and operates two Premium Cinemas (luxury theaters with a lounge and bistro food service) in Boston and Chicago. In 2000 GC became one of many theater owners to file for Chapter 11 bankruptcy protection in what has become an immensely battered industry. It agreed the next year to be acquired by a group that includes Onex Corp and affiliates of Oaktree Capital Management. The family of chairman Richard Smith owns 29% of the company; investment group Gabelli Asset Management, 25%.

 COMPETITION
AMC Entertainment Inc. (AEN)
Loews Cineplex Entertainment Corporation (LCP)
Regal Cinemas, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 358.00
1-Yr. Sales Growth: (7.3)%
Employees: 3,923
Revenue per employee: $91,256.69

 KEY PEOPLE
• G. Gail Edwards
    CEO
• G. Gail Edwards
    CFO

 CONTACT INFO
27 Boylston St.
Chestnut Hill, MA 02467
US
Phone: 617-264-8000
Fax: 617-739-7472
Online: Web Site

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