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Property for Investment?
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Properties for sale in Washington DC, Maryland, Virginia and the entire
United States.
About Regal Entertainment
Group:
Regal Entertainment
Group (NYSE: RGC), is a movie theater chain headquartered in Knoxville, Tennessee.[1] Regal operates the
largest and most geographically diverse theatre circuit in the United States, consisting of 6,775 screens in
548 locations in 39 states and the District of Columbia as of October 23, 2009. 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[2]. Regal has acquired several smaller chains since this merger; these, however, have been
rebranded as Regal Cinemas.
Regal Cinemas was formed in 1989
in Knoxville, Tennessee, with Mike Campbell as CEO, but he has
since stepped down from the board. Regal began to grow at a rapid pace, opening larger cinemas in suburban
areas. Many of these contained a "premium" cafe (later called Cafe Del Moro) and a more upscale look than
theatres of the time.
Regal Cinema 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.
Regal
Entertainment
Group
Properties For Sale Across the United States:
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