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AMC to get equity stake in Screenvision

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AMC to get equity stake in Screenvision

AMC Entertainment Holdings Inc. will receive an equity stake in Screenvision Media on closing of its acquisition of Carmike Cinemas Inc.

Also, AMC will become a Screenvision partner by transferring 384 of AMC Theatre screens to Screenvision Media's exhibitor network as required by the U.S. Department of Justice's approval of the proposed deal, the company said Dec. 21.

The transfer will increase Screenvision Media's network within key DMAs such as Atlanta, Chicago, Dallas, Los Angeles and San Francisco.