Regal Entertainment Group, through its subsidiaries, operates as a motion picture exhibitor in the United States. The company’s subsidiaries include Regal Cinemas, Inc. (RCI) and its subsidiaries, which include Edwards Theatres, Inc. (Edwards), Regal CineMedia Corporation (RCM) and United Artists Theatre Company (United Artists). Theatre Operations The company operated a diverse theatre circuit in the United States, consisting of 7,367 screens in 574 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia, as of January 1, 2015, with approximately 220 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 January 1, 2015, had an average of 12.8 screens per location. As of January 1, 2015, the company offered luxury reclining seating in 336 auditoriums at 32 select theatre locations. 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 the Regal Cinemas, United Artists, Edwards, Great Escape Theatres and Hollywood Theaters brands. Business Strategy The company’s business 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. Main elements of its business strategy include the following: maximizing stockholder value; pursuing strategic acquisitions and partnerships; pursuing premium experience opportunities; and pursuing selective growth opportunities and active asset management. Joint Venture The company owned approximately 20.1% of National CineMedia, LLC (National CineMedia or NCM), as of January 1, 2015. National CineMedia operates a digital in-theatre advertising network in North America representing approximately 20,100 U.S. theatres screens, as of January 1, 2015. During 2014, approximately 700 million patrons attended movies shown in theatres in which National CineMedia has exclusive cinema advertising agreements in place. National CineMedia concentrates on in-theatre advertising for its theatrical exhibition partners, which includes the company, AMC Entertainment, Inc. (AMC) and Cinemark, Inc. The company also maintains an investment in Open Road Films, a film distribution company jointly owned by the company and AMC. Open Road Films was created to fill a gap in the marketplace created by the major studios’ big-budget franchise film strategy by marketing smaller budget films. History Regal Entertainment Group, a Delaware corporation, was founded in 2002.
regal entertainment group-a
(RGC:New York Consolidated)
7132 Regal Lane
Knoxville, TN 37918
|AMC Entertainment Holdings Inc||$32.04 USD||-0.83|
|Carmike Cinemas Inc||$32.97 USD||-0.05|
|Cinemark Holdings Inc||$42.77 USD||-0.75|
|IMAX Corp||$37.62 USD||0.00|
|Village Roadshow Ltd||A$5.66 AUD||-0.06|
|View Industry Companies|
Sponsored Financial Commentaries
To contact REGAL ENTERTAINMENT GROUP-A, please visit www.regmovies.com. Company data is provided by Capital IQ. Please use this form to report any data issues.