Regal Entertainment Group, through its subsidiaries, operates as a motion picture exhibitor in the United States. The company’s subsidiaries include Regal Cinemas, Inc. and its subsidiaries, which include Edwards Theatres, Inc. (Edwards), Regal CineMedia Corporation and United Artists Theatre Company (United Artists). Theatre Operations The company operated a diverse theatre circuit in the United States, consisting of 7,361 screens in 572 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia, as of December 31, 2015, with approximately 217 million attendees. The company’s geographically diverse circuit includes theatres in 46 designated market areas in the United States. The company operates multi-screen theatres and, as of December 31, 2015, had an average of 12.9 screens per location. The company develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets throughout the United States. The company operates its theatre circuit using its Regal Cinemas, United Artists, Edwards, Great Escape Theatres and Hollywood Theaters brands. Business Strategy The company’s strategy focuses on enhancing its position in the motion picture exhibition industry by distributing value to its stockholders, capitalizing on prudent industry consolidation and partnership opportunities, managing, expanding and upgrading its existing asset base with new technologies and customer amenities and realizing selective growth opportunities through new theatre construction. Its business strategy should enable it to continue to produce the free cash flow necessary to maintain a prudent allocation of its capital among dividend payments, debt service and repayment and investment in its theatre assets, all to provide meaningful value to its stockholders. Key elements of the company’s business strategy include maximizing stockholder value; pursuing prudent acquisitions and strategic partnerships; pursuing premium experience opportunities; and pursuing selective growth opportunities and active asset management. Joint Venture With respect to partnership initiatives, the company owned approximately 19.5% of National CineMedia, LLC (National CineMedia or NCM) as of December 31, 2015. National CineMedia operates the largest digital in-theatre advertising network in North America and concentrates on in-theatre advertising for its theatrical exhibition partners, which includes the company, AMC Entertainment, Inc. (AMC), and Cinemark, Inc. (Cinemark). National CineMedia operated the digital in-theatre advertising network in North America representing approximately 20,400 U.S. theatre screens (of which approximately 19,800 are part of National CineMedia's digital content network) as of December 31, 2015. During 2015, approximately 700 million patrons attended movies shown in theatres in which National CineMedia has exclusive cinema advertising agreements in place. History Regal Entertainment Group, a Delaware corporation, was founded in 2002.
regal entertainment group-a
7132 Regal Lane
Knoxville, TN 37918
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