23 Facts About Regal Cinemas

1.

Regal Cinemas is an American movie theater chain headquartered in Knoxville, Tennessee.

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2.

Regal Cinemas was established in 1989 in Knoxville, Tennessee, with Mike Campbell as CEO.

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3.

Regal Cinemas embarked on a large-scale expansion throughout the decade, acquiring smaller chains as well as building new, more modern multiplexes.

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4.

Regal Cinemas and United Artists had attempted to merge before in 1998, using a similar method.

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5.

Regal Cinemas CineMedia merged with AMC Theatres' National Cinema Network in 2005 to form National CineMedia.

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6.

In February 2013, Regal Cinemas agreed to purchase Hollywood Theaters, a nationwide chain of 46 theaters that operated from Portland, Oregon.

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7.

In May 2017 Regal Cinemas purchased the $200 million company Warren Theaters based in Wichita, Kansas.

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8.

Regal Cinemas sold Fandango to leading cable company Comcast Corporation in 2007.

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9.

Regal Cinemas agreed to sell off four theaters in the Asheville, Charlotte and Raleigh, North Carolina markets, but a large number of theaters still remains in all three markets.

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10.

On May 17,2009, Regal Cinemas signed a deal with Sony Corporation to equip all of its theaters with Sony 4K digital projection over the next three to five years.

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11.

In June 2011, after posting a loss for the first quarter, Regal Cinemas began downsizing its theater employees by removing managers from projection and replacing them with lower paid floor staff.

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12.

In March 2014, AEG and Regal announced an agreement to add 4DX—a 4D film format—to its location at L A Live.

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13.

In December 2015, Regal Cinemas took over managing operations of Cinebarre, a former joint venture between Regal Cinemas Entertainment Group and Terrell Braly.

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14.

In January 2016, Regal Cinemas 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 Cinemas 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 .

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15.

In November 2017, Regal Cinemas began merger talks with the UK theater chain Cineworld.

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16.

Regal Cinemas adopted a new logo in October 2018, featuring an emblem resembling a camera aperture and crown.

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17.

In recognition of the company's Knoxville heritage, Regal Cinemas adopted orange as a corporate color in reference to the Tennessee Volunteers.

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18.

In July 2019, Regal Cinemas announced a new movie ticket subscription service known as Regal Cinemas Unlimited.

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19.

On March 16,2020, Regal Cinemas closed all 543 of its theaters in the United States indefinitely due to the COVID-19 pandemic, becoming the first theater chain in the United States to close all its theater locations as a result of the pandemic.

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20.

Regal Cinemas started reopening most of its theaters on August 21,2020, with a few delayed until August 28 and others closed indefinitely due to local restrictions or having already been planned to close prior to the pandemic.

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21.

On June 19,2021, Regal Cinemas acquired the lease of the former Arclight Cinemas at the Sherman Oaks Galleria in Los Angeles, with plans for a $10 million remodel that would include premium large format, 4DX, and ScreenX screens.

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22.

Cineworld confirmed that Regal Cinemas would remain in operation while Cineworld would evaluate their financial strategies.

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23.

On September 28,2022, The Wall Street Journal reported that Canadian exhibitor Cineplex was exploring the possibility of merging with Regal Cinemas; Cineworld had attempted to acquire Cineplex in 2020, but was forced to pay US$1 billion in damages for breach of contract after backing out of the deal.

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