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Encyclopedia > Loews Theatres

Loews Theatres, founded in 1904 by Marcus Loew, is the oldest theatre chain still operating in North America today. Loews is noted for being the distribution arm and parent company for Hollywood giant Metro-Goldwyn-Mayer (MGM), until, forced by a 1949 supreme court ruling, the two split in 1954.


In May 1998 Loews Theatres merged with Cineplex Odeon Corporation to form Loews Cineplex Entertainment, which is one of the largest movie theatre exhibitors in the world with theatres in the United States, Canada, Mexico, Korea, and Spain. Onex Corporation and Oaktree Capital Management acquired Loews Cineplex in 2002.


  Results from FactBites:
 
Loews Cineplex Entertainment Custom (517 words)
Loews Cineplex Entertainment was formed in 1998 with the merger of two theatre circuits, Loews Theatres and the Cineplex Odeon Corporation, to create one of the largest motion picture exhibition companies in the world.
Loews Theatres, the oldest theatre circuit in North America, was founded in 1904 by Marcus Loew, whose first “nickelodeon” in a rented store evolved into the Loews Theatres circuit.
Internationally, the theatre circuit is a partner in Yelmo Cineplex of Spain, De Laurentiis Cineplex of Italy, Odeon Cineplex of Turkey and Far East Cineplex of Vietnam.
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