The American Companies That Aren’t Actually American Anymore

AMC Theaters

AMC Theaters was founded in 1920 by Maurice, Edward, and Barney Dubinsky, who converted a local theater. The Dubinskys found that their movie theater became super popular and decided to open up more in Kansas City. By the 1980s, AMC Theaters were everywhere and were a significant competitor to other movie theater franchises.

In 2012, AMC Theaters was purchased by China’s Wanda Group for $2.6 billion and they have owned it ever since. The future of AMC Theaters is uncertain as it has suffered from massive market fluxations, and it has been rumored that Amazon might buy the company, so that wouldn’t be that bad as they are an American company.