Regal Cinemas

Knoxville, Tenn.-based Regal, said it’s completed a $250 million capital raise to improve and digitally enhance its theaters as the box office rebounds. Construction has started with over 30 locations to be completed in 2025. The upbeat news comes as Regal’s parent Cineworld, which emerged from bankruptcy last summer, is facing the tough decision of
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Bankrupt Regal parent Cineworld said it had multiple bids for all or some of its assets in initial expressions of interest due last week. Its business includes Regal in the U.S.; Cineworld and Picturehouse in the U.K. and Ireland; and “rest of world” cinemas in Central and Eastern Europe, and Israel. Cineworld attorney Joshua Sussberg
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National CineMedia is suing Regal Cinemas, one of its founding partners, for hiding behind Chapter 11 to cancel a longstanding and legally binding contract – a twist in the bankruptcy saga of Regal parent Cineworld. Regal created National CineMedia with AMC and Cinemark in 2007 to provide in-theater advertising in and it still owns a
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Shares of Cineworld rose Friday after a U.S. Bankruptcy Court judge granted Regal Cinemas’ parent Cineworld immediate access to up to approximately $785 million of a financing facility, providing sufficient liquidity for the giant theater chain to meet ongoing obligations, including to vendors, suppliers and employee salaries and benefits. The shares, traded on the London
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The shoe finally fell today as giant theater chain Cineworld filed for Chapter 11. The bankruptcy includes a $1.94 billion debtor-in-possession financing facility from existing lenders to keep things running. Cineworld expects to emerge from Chapter 11 in the first quarter of 2023 and meanwhile will pursue “a real estate optimisation strategy in the US,”
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Cineworld, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options. The statement follows a report today that the U.K parent of Regal Cinemas is preparing to file for bankruptcy. Cineworld presaged a potential Chapter 11
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EXCLUSIVE: Mooky Greidinger, CEO of Cineworld, the world’s second-biggest exhibition circuit and owner of Regal Cinemas, says he’s satisfied with this past weekend’s $80M domestic theatrical box office opening for Disney/Marvel’s Black Widow. But he also tells Deadline he remains “convinced” that with an exclusive theatrical window, “we could have brought in maybe $110M, maybe
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EXCLUSIVE: Regal Cinemas will release Craig Singer’s independent film 6:45 exclusively in theaters in the U.S. and Canada on August 6 The director and former Disney creative executive Singer (Animal Room, Dark Ride, A Good Night To Die) said the agreement marks the first time since the pandemic that the nation’s second largest chain has
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New York City, the nation’s leading movie market along with still-shuttered Los Angeles, springs back to life Friday after being flattened by Covid-19 for nearly a year. A pulse was detected in advance ticket sales with a handful of shows selling out at AMC Entertainment’s flagship Empire 25 theater in Times Square including a 4:30
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Cineworld Group, owner of Regal Cinemas in the U.S. and the world’s second largest exhibitor, has reacted to Warner Bros’ bombshell Thursday announcement that its entire 2021 film slate will debut on HBO Max day-and-date with cinemas domestically. In a statement, Cineworld said the company believes that when cinemas make a comeback, Warners “will look
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Two weeks after Cineworld announced the closing of its U.S. 536 Regal Cinemas chain, the circuit is reopening 11 locations in New York this Friday, Oct. 23 following Governor Andrew Cuomo’s recent approval to reopen movie theaters in the Empire State. The 11 Regal sites join the chain’s seven California multiplexes which continue to stay
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Being a champion of exhibition, and the first tentpole filmmaker to get movie theaters up and running with Tenet, it should come as no surprise to hear that the movie’s filmmaker Christopher Nolan and his wife, producer Emma Thomas, headed to the multiplex recently in Irvine CA, showing their full support for theaters. In fact,
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EXCLUSIVE: The box office weekend projections for Warner Bros.’ Tenet just got higher. We can report that Regal Cinemas will have their cinemas reopened in time for this weekend’s release of the Christopher Nolan movie in New Jersey, Maryland and some cities in California. As of tomorrow, Wednesday at 5PM, Regal will be reopening their theatres in
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EXCLUSIVE: After being closed for over five months, Cineworld reopened about 200 of its Regal Cinemas in the U.S. this past weekend. Health and safety measures — which required an investment in the millions across the parent company’s full estate — were in place, and the response from audiences was “encouraging,” says Cineworld Group CEO
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EXCLUSIVE: We’ve just heard that Cineworld, in response to the recent changes on the theatrical release schedule with Tenet, is reopening their U.S. circuit Regal, starting Aug. 21. “Welcoming theatergoers back to our cinemas will be a celebration for not only our team and our industry, but most importantly for the fans who have been
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Exhibition giant Cineworld, which acquired U.S. chain Regal Cinemas in 2018 for $3.6B, reported a decrease in half-year results this morning out of London. An anticipated drop, it hasn’t diminished CEO and veteran exhibitor Mooky Greidinger’s bright outlook for the second semester while he’s also bullish on the uptake of nascent subscription program, Regal Unlimited,
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