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 Buss at the hospital just a few months before his death from cancer. Speaking to media just hours after Buss had died, Johnson was emotional, saying, "Without Dr. Jerry Buss, there is no Magic." Buss acquired the team from Jack Kent Cooke in 1979, shortly before he drafted Johnson with the #1 pick in the 1979 NBA draft. In addition to playing 13 seasons for the Lakers and coaching the team briefly in 1994, Johnson also had an ownership stake in the team for nearly twenty years. Buss took a special interest in Johnson, introducing him to important Los Angeles