Odeon Cinemas Group

Odeon Cinemas Group
Private limited company
Industry Cinema
Area served
 Europe
Owner AMC Theatres
Subsidiaries

Nordic Cinema Group
Odeon Cinemas

UCI Cinemas
Website Official website

Odeon Cinemas Group is Europe's largest cinema operator. Through subsidiaries it has over 360 cinemas, with 2900 screens in 14 countries in Europe, 120 cinemas with 960 screens are in the UK.[1] It receives more than 2.2 million guests per week.[2][3]

Odeon Cinemas Group is a wholly owned subsidiary of AMC Theatres,[4][5] which is owned by the Wanda Group.[6] The company has three main subsidiaries, Nordic Cinema Group, United Cinemas International, and Odeon Cinemas. Nordic Cinema Group in turn owns Finnkino and its subsidiary Forum Cinemas.

History

The company was incorporated in the United Kingdom on 22 June 2016,[7] as part of a $1.2 billion takeover of Odeon Cinemas and United Cinemas International by AMC Theatres, itself owned by the Chinese firm Wanda Group.[8] The deal left Odeon Cinemas as a wholly owned subsidiary of Odeon Cinemas Group.[9] AMC claimed after the acquisition that it was the "largest movie exhibition company in the world".[10]

David Anderson was appointed as chief commercial officer on 27 October 2017, replacing Ian Shepherd.[11][12] When he was appointed, the group managing director was Mark Way and the chief operating officer was Jan Bernhardsson. The company received the 2018 CIPD People Management Awards for "Best international HR initiative".[13] Having won in the "Talent Management" category in 2017.[14]

In March 2018, Reuters reported that AMC was working with Citi to potentially float the company on the London Stock Exchange in a $2 billion IPO.[15][16]

Position in group


Wanda Group
AMC TheatresWanda CinemasHoyts
Star TheatresKerasotes TheatresOdeon Cinemas GroupCarmike Cinemas
Starplex Cinemas
Nordic Cinema GroupUnited Cinemas InternationalOdeon Cinemas
Finnkino
Forum Cinemas

References

  1. ↑ "Odeon launches diversity strategy". Screen. Retrieved 29 September 2018.
  2. ↑ "Bonnier säljer biografer – får in 1,6 miljarder kronor" (in Swedish). Retrieved 2018-03-30.
  3. ↑ "AMC köper Nordic Cinema Group – Bonnier säljer minoritetsinnehav". Mynewsdesk (in Swedish). Retrieved 2018-03-30.
  4. ↑ "AMC to spend 'hundreds of millions' on Odeon cinemas". Screen. Retrieved 29 September 2018.
  5. ↑ Lieberman, David (30 November 2016). "AMC Theatres Becomes World's No. 1 Chain As Odeon & UCI Deal Closes". Deadline. Retrieved 29 September 2018.
  6. ↑ "AMC Theatres Is Now the Biggest Movie Theater Company in the World". TheWrap. 30 November 2016. Retrieved 29 September 2018.
  7. ↑ "ODEON CINEMAS GROUP LIMITED". The Gazette. Retrieved 29 September 2018.
  8. ↑ "China-controlled AMC to buy Odeon & UCI Cinemas for $1.2bn". Screen. Retrieved 29 September 2018.
  9. ↑ Ltd, Insider Media. "AMC completes blockbuster ODEON deal". Insider Media Ltd. Retrieved 29 September 2018.
  10. ↑ "AMC Theatres Closes Odeon & UCI Acquisition to Become Largest Exhibitor in Europe, World". The Hollywood Reporter. Retrieved 29 September 2018.
  11. ↑ "Odeon & UCI chief operating officer Ian Shepherd exits". Screen. Retrieved 29 September 2018.
  12. ↑ "Odeon Cinemas Group appoints new chief commercial officer". Screen. Retrieved 29 September 2018.
  13. ↑ "2018 CIPD People Management Awards". People Management. Retrieved 29 September 2018.
  14. ↑ "Personnel Today Awards 2017 Award for Talent Managment". Personnel Today. 22 November 2017. Retrieved 29 September 2018.
  15. ↑ Afanasieva, Dasha. "AMC is working with Citi on potential $2 billion float of Odeon..." U.K. Retrieved 29 September 2018.
  16. ↑ White, Peter (29 March 2018). "AMC Entertainment Eyes $2B London IPO For Odeon Cinemas Group". Deadline. Retrieved 29 September 2018.
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