More Examples of AMC & Regal Sabotaging the “Sound of Freedom” Movie - Turning off A/C units (Connecting the Dots: AMC, Silver Lake Parters, Disney & Soros Funding, All Networking)
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NathanH83
AMC
Theatres
https://en.wikipedia.org/wiki/AMC_Theatres
Acquisition
by Wanda Group (2012–2021)[edit]
In May
2012, AMC Theatres was acquired by Chinese conglomerate Wanda Group,
headquartered in Dalian,
who paid $2.6 billion to acquire AMC's 5,048 screens in 347 theaters in the
U.S. and Canada.[38] The
deal was finalized on September 4, 2012.[39] The
acquisition made Wanda the world's largest cinema chain.[40] Wang Jianlin, CEO
of Dalian Wanda Group, announced that the company would plan to spend $500
million renovating AMC locations.[39]
AMC
Theatres had eight movie theatres in Canada. In July 2012, four locations were
sold to Cineplex Entertainment, and two more locations were sold
to Empire
Theatres and later acquired by Landmark Cinemas.
The two remaining locations have since closed.[41]
Gerardo I. Lopez announced
his resignation as CEO of AMC in August 2015. Craig Ramsey was appointed as the
interim CEO by the company board.[42] In
December 2015, AMC announced that Adam Aron would
be the company's president and chief executive officer, as well as a member of
the company's board of directors, beginning on January 4, 2016.[43]
In
March 2016, AMC Theatres announced it would acquire competitor Carmike Cinemas.[44] In
July 2016, Carmike's management accepted a revised offer, pending regulatory
and shareholder approval.[45] The
deal was closed on December 25, 2016, making AMC the largest cinema chain in
the United States.[46]
On
March 1, 2017, AMC Theatres CEO Adam Aron stated that the company would rebrand
Carmike Cinemas locations under the AMC name; smaller locations were rebranded
under the new banner AMC Classic (which repurposes trademarks associated with
Carmike). Aron also announced a plan to rebrand its kitchen-equipped theaters
as AMC Dine-In.[47][48]
In July
2017, AMC Theatres announced they would cut $30 million in expenses by the end
of the year. This cost reduction would be accomplished by reducing operating
hours, cutting staffing levels, and other measures.[49]
In
September 2018, Silver Lake Partners made a $600 million
investment in AMC Theatres, whose proceeds were used to repurchase
approximately 32% of Wanda Group's class B common stock.[50] However,
the voting power of AMC's shares is structured in such a way (granting three
votes per-share for each Class B share if its stake in the company is above
30%)[51] that,
even after reducing its ownership of AMC common stock to just under 50% by the
end of 2019, Wanda Group continued to retain majority control over AMC's board
of directors.[52]
In
October 2019, AMC began to offer on-demand rentals and purchases of digital
film releases under the banner AMC Theatres On Demand. The service is tied to
the company's Stubs loyalty program.
Did
Disney Own Sound Of Freedom? Rights Explained & Why It Took 5 Years To
Release
The
2023 box office hit Sound of Freedom took a long time to get released in
theaters worldwide – read on for a history of the film’s struggles.
BY
SARAH
LITTLE
PUBLISHED
4 DAYS AGO
https://screenrant.com/sound-of-freedom-movie-disney-rights-release/
Sound of Freedom,
starring Jim Caviezel, has become a surprise hit at the box office, but the
journey to success was a long one for the 2023 action film. The movie claims to
recount the true story of Tim Ballard,
played by Caviezel, who quit his job with the Department of Homeland Security
to track down child sex trafficking rings and rescue the kidnapped children.
His primary assignments with DHS included tracking down and arresting
pedophiles who bought and consumed the content from the rings. But Ballard
wanted to do more, as depicted in the film.
Before
being released in 2023, Sound of Freedom struggled to be made
ready for a theatrical release for many years. The script was written in 2015,
and the filming finished in 2018. Then, the movie sat on the shelf for almost
five years. Sound of Freedom was created to raise awareness
about the difficult truths of child sex trafficking. However, the film jumped
between studios, including a Disney-owned company, before the filmmakers could
bring their story to life on the big screen.
Disney
Acquired Sound Of Freedom After Purchasing Fox - So What Happened?
Following
the conclusion of filming in 2018, the Sound of Freedom producers
made a distribution deal with 20th Century Fox. The movie should have come out
way before 2023, so what happened? The answer is the Walt Disney Company.
Disney officially purchased 20th Century Fox in 2019, meaning that the
entertainment conglomerate also acquired all the studio's projects that were in
development, including Sound of Freedom.
However,
following the sale, Disney
shelved Sound of Freedom. The producers then tried for many years to get the
distribution rights to the movie back, and eventually, in March 2023, Angel
Studios obtained the worldwide distribution rights and released the film in
July of the same year. According to Newsweek, a Disney spokesperson commented
on the matter and shared that a deal regarding Sound of Freedom's international
distribution happened before Disney bought Fox. They said, "[Disney]
studios had no knowledge of the film given the nature of the international
acquisition pre-merger." Therefore, it got shelved, and the rest is
history.
Why
Sound Of Freedom Has Been So Successful After Years Of Delays
Sound
of Freedom became a box office success just a week following its release and
five years after filming finished. Despite the movie's many setbacks, the wait
has evidently been worth it for the filmmakers and everyone involved. One of
the main reasons for its triumph is its great word of mouth (people who have
seen it and loved it are very passionate about the movie online). Plus, it
caters to a specific faith-based and patriotic audience, so it was wise for
Angel Studios to release Sound of Freedom on Independence Day in the United
States.
Connecting
the Dots:
Silver Lake
Partners is an affiliate of Silver Lake.
Silver
Lake Kraftwerk Fund is a fund for Silver Lake.
Soros Fund
Management is a partner with the Silver Lake Kraftwerk Fund.
George Soros is the founder
of Soros Fund Management and was the chairman for the Foundation
to Promote Open Society.
Foundation
to Promote Open Society was a funder for
the Brookings
Institution (think tank).
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings
Institution (think tank) and a senior counsel for Akin,
Gump, Strauss, Hauer & Feld, LLP.
Akin,
Gump, Strauss, Hauer & Feld, LLP was a lobby firm for the Walt
Disney Company.
John S. Chen was
a director at the Walt Disney Company, a trustee at the Brookings
Institution (think tank) and is a special adviser for Silver Lake.
Glenn H. Hutchins is
a trustee at the Brookings Institution (think tank) and was the
founder & managing partner for Silver Lake.
Silver Lake
Partners is an affiliate of Silver Lake.
Silver
Lake Kraftwerk Fund is a fund for Silver Lake.
Soros Fund
Management is a partner with the Silver Lake Kraftwerk Fund.
George Soros is the founder of Soros
Fund Management and was the chairman for the Foundation to Promote
Open Society.
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank).
Michael D. Eisner is
a trustee at the Aspen Institute (think tank) and was a
chairman & CEO for the Walt Disney Company.
Resources:
Past Research
Silver
Lake Partners (Past Research on Silver Lake
Partners)
https://thesteadydrip.blogspot.com/2014/11/silver-lake-partners.html
Disney
Crowd Sizes ‘Shockingly Low’ Amid Backlash (Connecting the Dots: Bob Iger, Walt
Disney Company, ABC & Soros Funding, All Networking) (Past Research on the Walt Disney Company)
TUESDAY,
JULY 11, 2023
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