AMC Theatres finalized a deal with Bow Tie Cinemas to purchase and operate seven locations in Connecticut, upstate New York and Annapolis, Maryland.
Marquis 16, Royale 6, SoNo 8 (formerly Regent 8), Majestic 6 and Landmark 8 join the AMC circuit in the Connecticut market, more than doubling AMC’s presence in the state. In addition, AMC adds Saratoga Springs 11 in upstate New York and Annapolis Mall 11 in Annapolis, Maryland. AMC intends to retain all theatre associates at the newly acquired theatres.
Marquis 16, Landmark 8, Majestic 6 and Annapolis Mall 11 are expected to open the weekend of April 21. The remaining theatres are expected to open by the end of April.
commented: “Our theatre acquisition strategy makes AMC a better and stronger company as we move forward on our glidepath to recovery. Acquiring these locations is especially notable for our expansion in Connecticut, where we are more than doubling our presence,” said Adam Aron, chairman and CEO of AMC. “We are encouraged to bring the magic of AMC to more and more theatres across the country, given our mid-2021 acquisitions of AMC The Grove 14 and AMC Americana at Brand 18, both in the Los Angeles market, continue to rank among the 30 highest grossing movie theatres in the entire United States since joining up with AMC.”
AMC remains in active discussions with other property owners regarding additional locations, the company said.
