Why Are International Companies Buying U.S. Cinema Chains?

February 12, 2018

iStock

Amid soft box office and declining stocks, overseas exhibitors are seizing the opportunity to get a piece of the U.S. theatrical market: "Valuations are lower than we have seen in a couple years."

With Britain's Cineworld set to close its $3.6 billion acquisition of Regal Entertainment Group by the end of March, the two largest U.S. cinema operators by screen count will now be owned by foreign companies. 

China's Wanda in 2012, of course, closed its $2.6 billion takeover of AMC Theaters, the country's largest exhibitor. But U.S. cinema assets have also been attractive to buyers from other countries. 

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