In today's world, Loew's Incorporated has become a topic of great importance and relevance. There are many aspects that Loew's Incorporated covers, from its impact on society to its influence on the world economy. In this article, we will explore in depth the role that Loew's Incorporated plays in our daily lives, examining its different dimensions and how they affect various aspects of our daily lives. Additionally, we will analyze the current and future trends of Loew's Incorporated, as well as its evolution over time. Without a doubt, Loew's Incorporated is a topic that deserves our attention and reflection, since its importance only grows over the years.
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Loew's Incorporated (As known as Loew's inc.) was a Entertainment company dedicated to motion pictures, movie theatres, music labels and managed a radio station. Founded by Marcus Loew in 1904. The company starts as a vaudeville and Nickelodeon company, in 1920, the chain bought Metro pictures (founded in 1915) for 3 million dollars, in 1923, Goldwyn pictures (founded by Samuel Goldwyn in 1916) was adquired for 5 million dollars. One year later, in 1924, Louis B. Mayer helps to Loew to manage the west coast operations (Motion picture department) with the condition to buy Louis B. Mayer pictures (founded in 1918) to create Metro-goldwyn-mayer. In 1928, the station WHN-AM in New York (renamed WMGM in 1948, nowadays the station is named as WEPN-AM). In 1934, Loew's bought "The Big 3" of music sheets (Miller music publishing co., robbins music corporation and Leo Feist inc.) thru MGM. In 1946, MGM Records is created, and soon, the music label division became a Big music label company with adquisitions like Verve records in the 50s. In 1956, MGM Television is created as a Television Production. In 1959, The company was Split in 2 companies: MGM (music, radio station and Motion pictures) and Loew's theatre organization (Theatre division) after United states v. paramount pictures inc. (1948) (Block Booking is outlawed And studios are forced to sell movie theatres). In the same year, Laurence Tisch, which owns a Hotel chain, buys the movie theatre chain. In 1962, Loew's was sued by the government of United states for block Booking movies for Television. In 1969, Loew's theatres changes it's name Loews theatres. In 1986, Loews corporation (Owner of loews theatres) sells the chain to Tristar pictures, in 1987, Star theatres is created and in 1994, Sony (Owner of the chain), renames loews to Sony theatres and collaborates with Magic Johnson to create Magic Johnson theatres, in 1997, Cineplex announces a merger with Loews theatres for 1 billion dollars. Both companies are mergered into Loews Cineplex entertainment in 1998.