Speculation continues to swirl after last week’s reports that Amazon is considering buying AMC Theatres, the largest movie theatre chain in the United States, with more than 10,000 screens globally. Vince Guzzo, President of Cinémas Guzzo, weighs in about the impact the purchase will have on the movie industry.
About Vincent Guzzo:
Vincent Guzzo is the president and CEO of Cinémas Guzzo — the largest movie operator in Quebec, with 141 screens and 10 locations, and the third-largest in Canada. He and his wife, Maria, are renowned philanthropists, giving generously to numerous hospitals and culminating in the establishment of the Guzzo Family Foundation in 2007, which is aggressively invested in cancer nanotechnology research at Montreal’s Jewish General Hospital and McGill University. Guzzo’s contributions have been internationally recognized as he is the recipient of the Queen’s Diamond Jubilee Medal, was knighted by the Order of Merit of the Italian Republic and is a distinguished member of the Order of Malta.