Magic Johnson Theatres Magic Johnson Theatres Magic Johnson Theatres is a chain of movie theaters, originally developed in 1994 by Johnson Development Corporation, the business holding of basketball player-turned-entrepreneur Magic Johnson, and Sony Pictures Entertainment through a partnership with Sony-Loews Theatres. A 1998 merger between Sony-Loews and Cineplex Odeon Corporation caused them to become part of the new Loews Cineplex Entertainment Corp. Currently the chain's former locations are owned by AMC Theatres, after Sony-Loews was acquired by that company in 2006. Although they are still branded Magic Johnson Theatres, they are solely controlled by AMC. Earvin "Magic" Johnson, Jr., is no longer actively
Magic Johnson of power forward. A few days later Johnson changed his mind and retired permanently, saying, "I am going out on my terms, something I couldn't say when I aborted a comeback in 1992." Determined to play competitive basketball despite being out of the NBA, Johnson formed the Magic Johnson All-Stars, a barnstorming team composed of former NBA and college players. In 1994 Johnson joined with former pros Mark Aguirre, Reggie Theus, John Long, Earl Cureton, Jim Farmer, and Lester Conner, as his team played games in Australia, Israel, South America, Europe, New Zealand, and Japan. They also toured the United