Loews Cineplex Entertainment

From 1924 to 1959, Metro-Goldwyn-Mayer Studios (MGM) was its sibling company until it sold its controlling interest in Loew's Theatres to the Tisch brothers.

Later, it was formerly jointly owned by Sony Pictures and Universal Studios and operated theatres in the United States, Canada, South Korea, Spain and Mexico.

Loew founded a chain of nickelodeon theaters which showed short silent films in storefront locations.

Loew's Incorporated served as the distribution arm and parent company for the studio until the two were separated by the 1948 U.S. Supreme Court ruling United States v. Paramount Pictures, Inc.

[1][2][3] Loews Corporation by this time was a holding company owned by brothers Robert and Laurence Tisch that specialized in hotels and insurance.

[4] On October 20, 1986, when federal regulations had been relaxed, Tri-Star Pictures, then a joint venture co-owned by The Coca-Cola Company (also owners of Columbia Pictures at the time) and Time Inc.'s HBO, entered an agreement to acquire Loews Theatre Management Corporation for $300 million; Tri-Star closed the acquisition in December.

In September 1997, Cineplex Odeon Corporation announced that it would merge with Loews Theatres for $1 billion; the merger was later approved by the United States Department of Justice on April 16, 1998 and was later completed that year to form Loews Cineplex Entertainment, thus making it a joint venture between Sony and Universal Studios.

[18] In 2002, Onex Corporation and Oaktree Capital Management acquired Loews Cineplex from Sony and Universal and the company was filed for initial public offering (IPO).

Loew's Theatre in Toronto, Canada, in 1945