that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . september 2016 learn how and when to remove this template message this article relies largely or entirely upon a single source . relevant discussion may be found on the talk page . please help improve this article by introducing citations to additional sources . september 2016 loews cineplex entertainment former type private industry entertainment movie theatres fate bought out by amc theatres canadian operations merged with cineplex entertainment predecessors cineplex odeon corporation successors amc theatres cineplex entertainment founded june 23 1904 ; 112 years ago 1904 06 23 defunct january 26 2006 ; 10 years ago 2006 01 26 headquarters new york city new york key people marcus loew founder website www.amctheatres.com loews theatres also known as loews incorporated originally loew s founded on june 23 1904 by marcus loew was the oldest theater chain operating in north america until it merged with amc theatres on january 26 2006 . from 1924 until 1959 it was also the parent company of metro goldwyn mayer studios . the loews name is still used by amc in many markets . its slogan was thank you for coming to loews sit back and relax enjoy the show which was used in the chain s theater policy ads from the 1980s through the 1990s when sony rebranded the chain . the company was originally called loew s after the founder marcus loew . in 1969 when the tisch brothers acquired the company it became known as loews . contents 1 history 2 see also 3 references 4 further reading 5 external links history edit loew s theatre in toronto canada in 1945 . loews theatre times square 2005 loew s theatres incorporated was founded in 1904 in cincinnati ohio by entrepreneur marcus loew . loew founded a chain of nickelodeon theaters which showed short silent films in storefront locations . soon the successful enterprise grew to include deluxe vaudeville houses and finally lavish movie palaces . loew s theaters were found in cities from coast to coast but primarily in east coast and midwest states . to provide quality films for his theaters loew founded metro goldwyn mayer pictures mgm in 1924 by merging the earlier firms metro pictures goldwyn pictures and louis b. mayer productions . loew s incorporated served as distribution arm and parent company for the studio until the two were forced to separate by the 1948 u.s. supreme court ruling united states v. paramount pictures inc. the two companies officially split in 1959 . in 1985 when federal regulations had been relaxed tri star pictures then a joint venture co owned by coca cola also owners of columbia pictures at the time cbs and time inc. acquired the loews theater chain from loews corporation the successor company to the original firm founded by marcus loew . loews corporation by this time was a holding company owned by brothers robert and laurence tisch highly diversified in non entertainment business interests ranging from hotels to insurance . cbs left tri star in 1985 and hbo left the venture and tri star merged with columbia pictures in 1987 resulting in the formation of columbia pictures entertainment . upon the full acquisition of tri star to columbia pictures and when columbia was bought from coca cola by sony in 1989 sony inherited the theaters as well . for a while loews operated under the sony theaters banner . coincidentally a sony led partnership would later acquire mgm in 2005 . in 1994 sony partnered with magic johnson to form magic johnson theaters a mini chain of theaters specifically geared toward the inner cities particularly in los angeles . a year before sony dynamic digital sound was installed in several theaters since the parent company used it as a marketing ploy to promote sony s cinema sound division which shut down in 2002 . in 1998 cineplex odeon corporation merged with loews theaters to form loews cineplex entertainment . the combined company was one of the largest movie exhibitors in the world with theaters in the united states canada mexico south korea and spain . in 2001 though the company declared chapter 11 bankruptcy . in 2002 onex corporation and oaktree capital management acquired loews cineplex . in 2004 they sold loews to a private group of investors which included the carlyle group . onex retained the canadian loews cineplex to form cineplex galaxy lp . in 2005 amc theatres announced that it would merge with loews cineplex entertainment and that the merged company would adopt the amc name . the loews name would remain a brand under the new company . 1 at the time of the merger loews operated 198 theaters with 2 235 screens . it is not affiliated with its former parent the loews corporation . loews theatre in harvard square 2007 . loews alderwood 16 in lynnwood washington opened in march 2005 before the merger with amc theatres . see also edit loew s wonder theaters united states v. loew s inc. a 1962 supreme court decision on block booking cineplex entertainment references edit amc closes acquisition of loews cineplex . usa today . january 26 2006 . retrieved january 26 2006 . further reading edit robert sobel the entrepreneurs explorations within the american business tradition weybright & talley 1974 luca 7 marcus loew an artist in spite of himself isbn 0 679 40064 8 . external links edit wikimedia commons has media related to loew s theatres . official website retrieved from https en.wikipedia.org w index.php title loews cineplex entertainment & oldid 741709989 categories loews cineplex entertainmentmovie theatre chains in the united statesamc theatresmetro goldwyn mayerentertainment companies based in new yorkdefunct companies based in new york cityamerican companies established in 1904entertainment companies established in 1904media companies established in 1904media companies disestablished in 20061904 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