Regal Cinemas

Regal Cinemas (also Regal Entertainment Group) is an American movie theater chain headquartered in Knoxville, Tennessee. A division of Cineworld, Regal operates the second-largest theater circuit in the United States, with 6,853 screens in 511 theaters as of December 31, 2021. The three main theatre brands operated by Regal Entertainment Group are Regal Cinemas, Edwards Theatres, and United Artists Theatres.

Regal Entertainment Group
Company typeSubsidiary
Predecessor
  • August 10, 1989 (1989-08-10) (Regal Cinemas)
  • April 5, 1930 (1930-04-05) (Edwards Theatres)
  • July 30, 1924 (1924-07-30) (United Artists Theaters)
Founded
  • July 30, 1924 (1924-07-30) (United Artists Theatre staff)
  • April 5, 1930 (1930-04-05) (Edwards Theatres)
  • August 10, 1989 (1989-08-10) (Regal Cinemas)
  • December 9, 2002 (2002-12-09) (Regal Entertainment Group)
Headquarters,
Number of locations
511
Key people
Revenue US$3,197.10 million (2016)
US$339.40 million (2016)
US$170.40 million (2016)
Total assets US$2,645.70 million (2016)
Total equity US$839.10 million  (2016)
Number of employees
26,047 (2018)
ParentCineworld
SubsidiariesCinebarre
United Artists Theatres
Edwards Theatres
Websiteregmovies.com

These chains retain their exterior signage, but most indoor branding (popcorn bags, policy trailers) uses the Regal Entertainment Group name and logo. Most new cinema construction uses the Regal Cinemas name. Regal has acquired several smaller chains since this merger; these, however, have been rebranded as Regal Cinemas.

On December 5, 2017, it was announced that the British theater chain Cineworld would acquire Regal for $3.6 billion, making it the second largest global cinema exhibitor behind AMC. On September 7, 2022, Cineworld filed for Chapter 11 bankruptcy.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.