Regal Theaters
 |
|
| Public company | |
| Traded as | : RGC |
| Predecessor | 1989 (Regal Cinemas) 1924 (United Artists Theaters) 1930 (Edwards Theaters) |
| Founded | 1989 (Regal Cinemas) 1924 (United Artists Theaters) 1930 (Edwards Theaters) 2002 (Regal Entertainment Group) |
| Headquarters |
Halls Crossroads, Tennessee, United States |
|
Key people
|
Amy Miles (Chairman and CEO) Gregory Dunn (President and COO) |
| Revenue | US$3.546 billion (2016) |
| US$43.4 million (2011) | |
| Owner |
Anschutz Entertainment Group (13.8%) |
| Subsidiaries | CineBarre RPX |
| Website | www |
Regal Entertainment Group, abbreviated REG, is an American movie theater chain headquartered in unincorporated Halls Crossroads, just north of Knoxville, Tennessee. Regal operates the second-largest theater circuit in the United States, with over 7,307 screens in 564 theaters as of June 2016. The three main theatre brands operated by Regal Entertainment Group are Regal Cinemas, Edwards Theatres, and United Artists Theatres.
These chains retain their exterior signage, but most indoor branding (popcorn bags, policy trailers) uses the Regal Entertainment Group name and logo. Where applicable, the REG logo is used alongside the three individual brands. Most new cinema construction uses the Regal Cinemas name, although Regal has built new Edwards locations in California and Idaho. Regal has acquired several smaller chains since this merger; these, however, have been rebranded as Regal Cinemas.
Regal Cinemas was established in 1989 in Knoxville, Tennessee, with Mike Campbell as CEO. Regal began to grow at a rapid pace, opening larger cinemas in suburban areas. Many of these contained a "premium" café (later called Cafe Del Moro) and a more upscale look than theaters of the time.
Regal Cinemas embarked on an aggressive expansion throughout the decade, swallowing up smaller chains as well as building new, more modern multiplexes. Its largest acquisition during this original period was the 1998 combination of it and Act III Theatres, although it had acquired some smaller chains as well in the mid-1990s, including the original Cobb Theatres, RC Theatres, and Cleveland-based National Theatre Corp.
By 2001, Regal was overextended like many other cinema chains, and went into Chapter 11 bankruptcy. It became the namesake for the theater chain in which it would be merged into with the Edwards and United Artists chains. The chain's famous "Regal Roller Coaster" policy trailer, which was shown before every movie shown from the early 1990s to the fall of 2004, was revived in 2010 and the current version was made in 2015, which was animated by The Tombras Group.
United Artists Theaters (established in 1924) has its roots in the movie studio of the same name founded by Douglas Fairbanks, Mary Pickford, Charlie Chaplin, and D. W. Griffith, but legally has always been separate from it. Joseph Schenck was brought in to become UA's president in 1924; as part of the deal, Schenck entered into a partnership with Chaplin and Pickford to buy and construct theatres using UA's name. Over time, the chain became separate from the studio and by the 1970s was part of a larger company, United Artists Communications.
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Wikipedia