The story
Founded by Gaumont and Pathé in 2001.1
EuroPalaces was formed in 2001 when the French film production and distribution companies Pathé and Gaumont merged their cinema operations, respectively owned by Jérôme Seydoux and Nicolas Seydoux. Gaumont owned 34% and Pathé owned 66% of the shares in the joint venture. In 2010, EuroPalaces was renamed Les Cinémas Gaumont Pathé. On March 1, 2017, it was announced that Gaumont sold its 34% stake in Les Cinémas Gaumont Pathé to Pathé for €380 million, Gaumont wanted to focus more on the production and distribution of content. The name of the company changed shortly thereafter to Les Cinémas Pathé Gaumont, then to Pathé Cinémas in 2023 when Pathé removed the Gaumont brand from its cinemas.
The company grew its circuit with several acquisitions throughout the years, notable acquisitions were MGM Cinemas in 1995, Minerva Cinemas in 2010 in The Netherlands; CinePointCom in 2015 in Belgium; EuropaCorp Cinemas in 2016, CineAlpes in 2019 in France and Euroscoop Cinemas in 2019 in The Netherlands and Belgium. The majority of the acquired cinemas were - or are in the process of being - converted to the Pathé brand. In 2021 Pathé decided to sell three of its recent acquired CineAlpes cinemas to CinéWest.
Until 2010 the company operated several cinemas in Italy, but these locations were sold due to difficulties in the Italian market.
In 2018, Les Cinémas Pathé Gaumont entered the African market by opening a cinema In Tunis, Tunisia, with plans in progress to open locations in Ivory Coast, Morocco and Senegal.
On October 28, 2021, Pathé Tuschinski - during its centennial - received the Royal Predicate from the Dutch monarch, changing its name to Koninklijk Theater Tuschinski (Royal Theater Tuschinski).
In 2022, the group entered the Moroccan market by opening a cinema in Californie Mall, Casablanca. Pathé Cinémas says it wants affordable cinemas, not luxury ones.
From Wikipedia’s article on Pathé Cinémas, shared under CC BY-SA 4.0.5
