 |
|
 |
 |

Home > Company Index > Media > Movie Theaters > Loews Cineplex Entertainment Corporation
 |
Loews Cineplex Entertainment Corporation |
 |
 |
 |
NEWS FROM THE STANDARD |
 |
Hello! and Welcome to Movie Passes
Mar 08 2000 05:34 PM PST
PROFILE |
 |
With more than 2,900 screens in about 400 theaters, Loews Cineplex Entertainment is the second-largest theater chain in the world, after Regal Cinemas. Its theaters are located primarily in major cities in 22 US states (under the Loews and Sony names), Canada (Cineplex Odeon), Austria, and Hungary, and the company owns 50% stakes in theaters in Spain (Yelmo Cineplex de Espana) and Turkey (Odeon Cineplex). Loews Cineplex is developing theaters in Italy through a joint venture with Aurelio De Laurentiis called De Laurentiis Cineplex d'Italia. In the US, however, growth has slowed in an overbuilt market for theaters. An investment group led by Onex Corporation has agreed to acquire Loews Cineplex. In conjunction with this agreement, Loews has filed for Chapter 11 relief. Sony Pictures Entertainment owns about 40% of the company, while Goldman Sachs owns about 26%.
COMPETITION |
 |
AMC Entertainment Inc. (AEN)
Cinemark USA, Inc. (dossier)
Regal Cinemas, Inc. (dossier)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: February
2000 Sales (mil.): 930.40
1-Yr. Sales Growth: 9.3%
Employees: 16,300
Revenue per employee: $57,079.75
KEY PEOPLE |
 |
Lawrence J. Ruisi
CEO
John J. Walker
CFO
CONTACT INFO |
 |
711 5th Ave., 11th Fl.
New York, NY 10022
US
Phone: 212-833-6200
Fax: 212-833-6277
Online: Web Site
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |