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 "If I knew what I know now, I wouldn't have retired." Johnson said that despite the physical, highly competitive practices and scrimmages leading up to the 1992 Olympics, some of those same teammates still expressed concerns about his return to the NBA. He said that he retired because he "didn't want to hurt the game." During his retirement, Johnson has written a book on safe sex, run several businesses, worked for NBC as a commentator, and toured Asia, Australia and New Zealand with a basketball team of former college and NBA players. In 1985, Johnson created "A Midsummer Night's Magic",