The empire begins… AMC and Wanda complete historic acquisition

It’s official: AMC, A Wanda Group Company. On Sept. 4, 2012, at AMC Century City 15 an IMAX in Los Angeles, the history-making, US$2.6 billion acquisition of AMC Entertainment Holding, Inc. by China’s Dalian Wanda Group Co Ltd. was concluded, creating the world’s largest cinema owner and operator. In attendance were Dalian Wanda Group chairman Wang Jianlin and AMC’s president and chief executive officer, Gerry Lopez. Richard Gelfond, chief executive officer of IMAX Corp., also joined the podium. “The entertainment world is really globalizing in a very rapid way,” he noted.