Regal Entertainment Group This article is about the American theater chain. For the British theater chain, see Regal Cinemas. For other uses, see Regal Cinema disambiguation. Net income.
A Regal Cinemas Stadium No. A model Regal facility in Newtown Square, Pennsylvania. Retrieved Updated on July 15, Retrieved on July 28, Regal Cinemas.
Idaho Statesman. May 10, Retrieved on February 2, Newport Beach CA. LA Times. Charlotte Business Journal. April 30, Grey Television Story ID: Retrieved July 2, This move allowed Regal to lay off part-time managers across the country and forcibly demote many full-time managers to part-time. As theaters converted to all digital automated screens, Regal also removed projectionists altogether.
This focus on "cost control" helped the company post better than expected profits for the 3rd quarter of that year. As of , it operated six 4DX screens nationwide, with plans to expand to at least There are 8 Cinebarre locations in the Regal Entertainment Group circuit. These locations feature a full bar as well a full made from scratch restaurant menu which is delivered right to the customer's seat.
In January , Regal was issued a temporary injunction by a district court in the state of Texas following complaints by the Houston-based cinema chain iPic Entertainment, which found that Regal had colluded with 20th Century Fox, Sony, and Universal by threatening boycotts of their releases if they did not refuse clearance of their films to smaller cinema chain locations such as iPic. The chain adopted a new logo in October , featuring an emblem resembling a camera aperture and crown, and colored in orange in honor of the University of Tennessee as a reflection of Regal's Knoxville heritage.
In July , Regal announced a new movie ticket subscription service known as Regal Unlimited. This is the first way for Regal to more closely resemble Cineworld's model since Cineworld already has a similar program launched in the UK and Ireland beforehand. On January 7, , Regal announced to restart a partnership with PepsiCo to make PepsiCo soda brands the exclusive brands used by Regal in its theaters, ending a long standing deal with Coca-Cola and making Regal the first of the "Big Three" American movie theater chains the other two being AMC and Cinemark to switch from Coca-Cola products to Pepsi products.
This is another way for Regal to more closely resemble Cineworld's model as Cineworld was already established as PepsiCo exclusive.
The announcement was met with some backlash on social media, primarily from Coca-Cola fans, with those claiming that they would either stop buying soft drinks from Regal, reconsider their Regal Unlimited subscriptions, or switch over to a different theater chain altogether.
The Regal Foundation was organized in by Regal Entertainment Group in order to engage in charitable activities directly and by providing funds to other organizations, golf tournaments, and the University of Tennessee.
The Regal Foundation holds a large in-theater donation drive during the summer months of the year known as "Stars of Hope". The names of donors are written on individual stars and posted on a "wall of fame" visible in that patron's respective theater.
Ficreation Explore. NBC and Turner were among the first to sign on to provide content for the venture, and the preshow, dubbed "The 2wenty", went online in February The new distribution system was also meant to be used for special events such as concerts.
Since the formation of REG, it has acquired several smaller chains. In April , Eastern Federal, which was a fairly prominent theatre company in the Southeastern United States , was brought into the Regal family.
As of a condition of approval of the merger, the United States Department of Justice required that Regal divest itself of several theaters in areas where it would have a monopoly. Regal agreed to sell off 4 theaters in the Charlotte and Raleigh, North Carolina markets.
The initiative was meant to replace the traditional slide show presentation and "rolling stock" film advertisements. Instead of focusing on movie trivia, info about actors, and other movie-related items, as was the norm with the slide show presentation, the Regal First Look was four approximately 5-minute long advertisements, usually for TV shows or upcoming films.
Standard second television commercials are shown as well. In January the preshow was renamed Regal First Look , but is largely the same as the show it replaced. The First Look consists of several segments provided by content partners of National Cinemedia such as Turner and NBC, separated by advertising from local and national venues.
The program is approximately 30 minutes long, and is timed to end approximately at the movie's start time. It is delivered via satellite, and several different versions are provided depending on the movie's MPAA rating. The Regal Foundation The Regal Foundation was organized in by Regal Entertainment Group in order to engage in charitable activities directly and by providing funds to other charitable organizations. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.
Log in Request a free trial. Request a free trial Log in. Regal Entertainment Group. Regal Entertainment Group Overview Update this profile. Founded Employees 45, Financing Rounds 6. Investments Ownership Status. Financing Status.
Formerly PE-Backed. Primary Industry. Movies, Music and Entertainment.
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