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BUSINESS
November 16, 2000 | From Reuters
Top U.S. theater operator Regal Cinemas, which has been struggling with an industry glut, is considering bankruptcy or other financial restructuring after a series of acquisitions left it with more than $1 billion in debt. Regal said in a Securities and Exchange Commission filing that it retained financial advisors to help develop a restructuring plan that could involve closing underperforming theaters and selling nonstrategic assets.
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ENTERTAINMENT
June 17, 2013
"An Evening With Costa-Gavras" Where: Regal Cinemas 8 at L.A. Live When: 8 p.m. Monday Price: $13 Information: http://www.lafilmfest.com
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BUSINESS
September 7, 2001 | Bloomberg News
Regal Cinemas Inc., the biggest U.S. movie theater chain, said it will file for Chapter 11 bankruptcy protection within six weeks and has asked creditors to endorse a recovery plan in advance of the filing. Denver billionaire Philip Anschutz and Los Angeles-based investment fund Oaktree Capital Management bought a large stake in Regal's bank debt earlier this year.
ENTERTAINMENT
April 25, 2013 | By Richard Verrier
Tony Stark's theatrical prospects continue to improve. Regal Entertainment, the nation's largest theater chain, said it has ended its fight with Walt Disney Studios over how to split revenue from ticket sales for "Iron Man 3. " "Regal has Iron Man 3!" the company said in a statement. "After some extensive talks with Disney, we're glad to say that Tony StarkĀ  (the superhero industrialist played by Robert Downey Jr. ) will definitely be in our theaters for Iron Man 3. " PHOTOS: 'Iron Man 3' Premiere Regal's announcement followed a similar statement from AMC, the nation's second-largest theater chain, that it, too, would resume selling advance tickets for the movie.
BUSINESS
August 14, 2003 | From Reuters
Moviegoers in wheelchairs are entitled to comparable views to those of able-bodied patrons in theaters with stadium seating, a federal appeals court in California ruled. The Ninth Circuit Court of Appeals found that Regal Cinemas Inc. failed to comply with the Americans With Disabilities Act by forcing patrons in wheelchairs to sit in the front rows of new theaters with "stadium riser" seating.
BUSINESS
February 20, 2002 | Bloomberg News
Regal Cinemas Inc., the largest movie theater chain, will pay big-screen film-projection systems maker Imax Corp. $6.5 million to settle unpaid leases and keep six U.S. theaters that use the screens from shutting down. Closely held Regal, which won court approval for its bankruptcy restructuring plan last month, owed Imax money for system rental and penalties related to canceling orders, Imax Co-Chief Executive Rich Gelfond said. The settlement is subject to court approval, Imax said.
BUSINESS
March 23, 1999 | LESLIE EARNEST, Leslie Earnest covers retail businesses and restaurants for The Times. She can be reached at (714) 966-7832 and at leslie.earnest@latimes.com
Regal Cinemas, the nation's largest movie theater chain, is set to open its first Orange County multiple-screen cinema in June. Regal's 22-screen theater, featuring 4,350 stadium-style seats, will open at the expanding Foothill Ranch Towne Centre and Marketplace in Lake Forest. A new food court also is scheduled to open, but the names of vendors have not been announced. Recent additions to the center include Islands Fine Burgers & Drinks, which opened last month along with a Taco Bell.
BUSINESS
February 21, 1998 | JAMES F. PELTZ, TIMES STAFF WRITER
Corporate-buyout specialist Hicks, Muse, Tate & Furst on Friday canceled its previously announced plan to buy the company that runs the United Artists Theatre chain in a deal valued at $850 million. Hicks Muse said it is still committed to a separate deal in which the firm would jointly own the nation's biggest chain of movie theaters. Hicks Muse didn't say why it scuttled the pact to buy Oscar I Corp., a privately held firm led by affiliates of Merrill Lynch & Co.
BUSINESS
October 5, 1995 | DUNCAN MANSFIELD, ASSOCIATED PRESS
Michael Campbell learned how to squeeze pennies in the grocery business. Now he's in a more glamorous industry, bringing Hollywood to the masses, but he still has that same down-to-earth approach. * Forget the recent Variety cover with supermodel Cindy Crawford (to tout a marketing deal with Pepsi) or an opening night with actress Tia Carrere (to christen a theater complex).
BUSINESS
October 24, 2009 | Richard Verrier
Hollywood is moving closer to downtown Los Angeles. Phil Anschutz's sports and entertainment conglomerate AEG on Tuesday will unveil a 14-screen Regal Cinemas multiplex adjacent to Staples Center that seats 3,772 customers, making it one of the largest movie theaters in Los Angeles. The theater will debut with typical showbiz flair: The Michael Jackson movie "This Is It" will play simultaneously on all screens. At a cost of nearly $100 million, Regal Cinemas L.A. Live Stadium 14, with its three-story Art Deco-style atrium, is also one of the most expensive new movie theater complexes in the country.
ENTERTAINMENT
April 19, 2012
MOVIES No matter how many Grateful Dead sets you hit up back in the day, the devoted know there's always room for one more. At the second annual Meet Up at the Movies, catch a screening of the band's classic 1989 concert at the Alpine Valley Music Theater, and compare skull tattoos with thousands of the faithful. Regal Cinemas, L.A. Live, 1000 W. Olympic Blvd., L.A. 7 p.m. Thu. lalive.com.
BUSINESS
October 30, 2009 | Times Wire Reports
Regal Entertainment Group, the largest U.S. cinema operator, reported a $1.8-million third-quarter loss on falling movie attendance. The net loss of 1 cent a share contrasts with profit of $31 million, or 20 cents, a year earlier, the Knoxville, Tenn., company said. Sales fell 11% to $673.5 million, missing the $708.2-million average analyst estimate. Excluding some items, profit in the three months ended Oct. 1 totaled 5 cents a share, compared with analysts' projections of 7 cents on average.
BUSINESS
October 24, 2009 | Richard Verrier
Hollywood is moving closer to downtown Los Angeles. Phil Anschutz's sports and entertainment conglomerate AEG on Tuesday will unveil a 14-screen Regal Cinemas multiplex adjacent to Staples Center that seats 3,772 customers, making it one of the largest movie theaters in Los Angeles. The theater will debut with typical showbiz flair: The Michael Jackson movie "This Is It" will play simultaneously on all screens. At a cost of nearly $100 million, Regal Cinemas L.A. Live Stadium 14, with its three-story Art Deco-style atrium, is also one of the most expensive new movie theater complexes in the country.
BUSINESS
May 1, 2009 | Times Wire Reports
Regal Entertainment Group, the world's largest theater operator, said first-quarter profit declined 23% on rising film rental and advertising costs. Net income fell to $21.3 million, or 14 cents a share, from $27.5 million, or 17 cents, a year earlier, the company said. Sales rose 6.2% to $665.6 million. Admissions at theaters in the U.S. and Canada rose 10% during the quarter, boosting sales 12% to $2.38 billion, according to researcher Media by Numbers. Admissions at Regal overall increased 6.4% to $459.
BUSINESS
March 25, 2008 | From Times Staff and Wire Reports
Imax Corp. and Regal Entertainment Group will install 31 Imax digital projection systems in Regal theaters in 20 U.S. cities. The agreement expands the partnership with Regal Cinemas Inc., a unit of Regal Entertainment, to 38 venues and will bring the total number of Regal's Imax theaters to 52 by the end of 2010.
BUSINESS
August 14, 2003 | From Reuters
Moviegoers in wheelchairs are entitled to comparable views to those of able-bodied patrons in theaters with stadium seating, a federal appeals court in California ruled. The Ninth Circuit Court of Appeals found that Regal Cinemas Inc. failed to comply with the Americans With Disabilities Act by forcing patrons in wheelchairs to sit in the front rows of new theaters with "stadium riser" seating.
BUSINESS
February 5, 1996 | Times Staff and Wire Reports
Regal Cinemas to Buy Krikorian Theaters: Regal Cinemas Inc. agreed to buy eight theaters, with 69 screens, in Southern California from Krikorian Premiere Theatres Inc. of Redondo Beach for about $14.1 million plus an estimated 486,000 Regal common shares, though the number of shares could be adjusted. The Knoxville, Tenn.-based movie theater chain operator also agreed to buy 10 theaters, with 68 screens, from Georgia State Theatres Inc. of Atlanta for an estimated 922,000 shares, or about $26.
BUSINESS
February 20, 2002 | Bloomberg News
Regal Cinemas Inc., the largest movie theater chain, will pay big-screen film-projection systems maker Imax Corp. $6.5 million to settle unpaid leases and keep six U.S. theaters that use the screens from shutting down. Closely held Regal, which won court approval for its bankruptcy restructuring plan last month, owed Imax money for system rental and penalties related to canceling orders, Imax Co-Chief Executive Rich Gelfond said. The settlement is subject to court approval, Imax said.
BUSINESS
January 31, 2002 | From Bloomberg News
Regal Cinemas Inc., the biggest movie theater chain, completed its Chapter 11 reorganization and emerged from bankruptcy under the ownership of an investors' group led by Denver billionaire Philip Anschutz. In October, Regal became the eighth major U.S. theater operator to file for protection from creditors in the last two years. U.S. Bankruptcy Judge Marian F. Harrison in Nashville approved the company's recovery plan, which was supported by 95% of Regal's creditors.
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