| Cineplex Odeon Corporation |
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Cineplex was founded in April 19 1979, when its first theatre complex opened in the Toronto Eaton Centre , located in Toronto, Ontario , Canada. In 1984, Cineplex bought out Canadian Theatres Inc., a unit of the UK firm Odeon Cinemas and operator of the Odeon cinemas in Canada, to become Cineplex Odeon. A film distribution outlet, Cineplex Odeon Films , was established some time later, but it ceased operations in 1997. In May 1998 Cineplex Odeon Theatres merged with New York City -based Loews Cineplex Theatres (founded in 1904 by Marcus Loew) to form Loews Cineplex Theatres . Within a few years, Onex sold the U.S. unit, keeping the Canadian operations and forming Cineplex Galaxy LP . In July 2005, Cineplex Galaxy LP acquired Famous Players, its largest competitor in Canada, from Viacom, becoming the largest theatre chain in Canada. The company has since renamed itself to Cineplex Entertainment LP. FORMER THEATRE CHAINS ABSORBED BY CINEPLEX ODEON
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