General Cinema
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| General Cinema (1986–2002) | |
| Formerly | Midwest Drive-In Theaters (1935–1960), General Drive-In Corporation (1960–1964), General Cinema Corporation (1964–1993)[citation needed] |
| NYSE: GCC | |
| Industry | Entertainment (movie theatres) |
| Founded | 1935 |
| Defunct | March 29, 2002 |
| Fate | Chapter 11 reorganization, acquisition of residual assets |
| Successor | AMC Theatres |
| Headquarters | 27 Boylston Street, |
Number of locations | 130 (September 2000);[citation needed] 77 (November 2000);[citation needed] 66 (2002)[citation needed] |
Key people | Philip Smith (founder)[1] Richard A. Smith[citation needed] |
| Owner | Harcourt General (1993) |
| Subsidiaries | General Cinema Theatres, Inc., Hoyts General Cinema South America, Inc.[citation needed] |
General Cinema Corporation, also known as General Cinema, GCC, or General Cinema Theaters, was a chain of movie theaters in the United States. At its peak, the company operated about 1,500 screens,[not verified in body][2][better source needed] some of which were among the first theaters certified by THX.[not verified in body] The company operated for approximately 67 years, from 1935 until 2002.
History
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Early history
[edit | edit source]General Cinema Corporation was founded as a drive-in theater in 1935 by Philip Smith,[1] who had previously owned a small chain of silent film theaters.[citation needed] Smith had chosen to open the chain after noticing the increasing sales of local Massachusetts theaters, and the introduction of films that were able to accommodate a synchronized sound and voice track into their reels.[citation needed] Originally, Smith planned to open indoor theaters, but had decided to open a small number of outdoor theaters instead (later deciding to add indoor theaters).[citation needed] The company saw limited growth until 1939, when growth began as World War II started, and with it, the emergence of Newsreel news presented with the feature films.[citation needed]
Post-war growth and diversification
[edit | edit source]After the war ended, the company was newly led by Richard A. Smith, who had decided on pushing the company towards indoor movie theaters in future expansion,[citation needed] and opened the country's first shopping-center theater in 1951 at Shoppers World, in Framingham, Massachusetts.[citation needed] Starting in the 1960s, General Cinema diversified into other businesses. At times they owned the department store Neiman Marcus, the publisher Harcourt Brace, radio stations in several major markets (notably WEFM in Chicago, KRBE in Houston, WZGC in Atlanta, WGCL in Cleveland, and WIFI in Philadelphia), and TV station WCIX in Miami.[citation needed] For a time General Cinema was Pepsi-Cola's largest bottler and also distributed 7-Up, Dr Pepper, and other soft drink brands.[citation needed] They also formed a joint venture theater chain with Hoyts, known as Hoyts General Cinema, that had locations throughout South America.[citation needed]
Foray into film production
[edit | edit source]In 1976, the company collaborated with Lew Grade's Associated Communications Corporation to form Associated General Films, which produced films including Voyage of the Damned[3] and Capricorn One;[citation needed] the partnership ended the following year and ATV's ITC Entertainment subsidiary started financing films on its own.[4]
Brand development
[edit | edit source]In 1986, General Cinema collaborated with Industrial Light & Magic (ILM) to create the first of a brand new policy trailers. In 1992, the company collaborated with Lucasfilm Ltd. to create new mascots for the company. Within less than a year, the then-iconic Candy Band was created; soon after, two more mascots were developed and named Popcorn Bob, and Pepsi Sue, three developments that were used in pre-show reels from 1993 to 2002.[citation needed] In 1993, its holding company, by then named Harcourt General, spun-off General Cinema as a separate company.[5]
Company closing
[edit | edit source]After competition forced the closure of a number of General Cinema locations,[6][7] General Cinema filed for Chapter 11 bankruptcy on October 11, 2000, with accompanying resignation of Richard A. Smith and a further employed Smith family member.[8] On December 7, 2001, AMC Theatres agreed to buy GC Companies, Inc. as part of GC's Chapter 11 reorganization plan, an acquisition completed on March 29, 2002.[9][1] With the acquisition, the Credits loyalty program merged into the MovieWatcher network.[citation needed]
The General Cinema Corp. trademark was placed up for auction on December 8, 2010.[10] In December 2011, this trademark was published for opposition by JTE Multimedia.[11] On March 11, 2014, the USPTO declared the trademark "General Cinema" abandoned.[12]
References
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- ^ "General Cinema Corporation: Annual Report, 1991," p. 18.[full citation needed]
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Further reading
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- 2002 disestablishments in the United States
- Companies formerly listed on the New York Stock Exchange
- AMC Theatres
- American companies established in 1935
- Entertainment companies disestablished in 2002
- Companies that filed for Chapter 11 bankruptcy in 2000
- Companies that filed for Chapter 7 bankruptcy in 2001
- Companies that have filed for Chapter 7 bankruptcy
- Conglomerate companies of the United States
- Defunct movie theatre chains in the United States
- Entertainment companies established in 1935
- Movie theatre chains in the United States
- Defunct companies based in Massachusetts
- Chestnut Hill, Massachusetts
- 2002 mergers and acquisitions
- Smith family (theaters)