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Regal operates 6,787 screens in 505 theaters in 42 states along with American Samoa, the District of Columbia, Guam and Saipan, the company said as of April 30.
It suffered a combined loss of more than $3.3 billion over 2020 and 2021, and has so far shuttered 51 of its Regal theaters in the United States. The “Barbenheimer” bounce.
Regal Cinemas (also Regal Entertainment Group) is an American movie theater chain that operates the second-largest theater circuit in the United States, with 6,853 screens in 511 theaters as of December 31, 2021. [3] Founded on August 10, 1989, it is owned by the British company Cineworld and headquartered in Knoxville, Tennessee. [4]
Cineworld Group, the owner of Regal Cinemas in the U.S., has confirmed that filing for Chapter 11 bankruptcy protection is among the “strategic options” it is considering as the company ...
Edwards Theatres is an American movie theater brand owned and operated as an in-name-only unit of Cineworld through its Regal Cinemas chain. Originally founded in 1930 by William James Edwards Jr., it operated independently as a major theater chain in the Southern California region until it was consolidated with Regal Cinemas and United Artists Theatres into the Regal Entertainment Group (REG ...
Cineworld Group, the owner of Regal Cinemas, is preparing to file for Chapter 11 bankruptcy protection in the U.S., the Wall Street Journal reported on Friday. Executives at Cineworld in a ...
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In the early 2000s, Regal merged with United Artists and Edward Theatres as they all went bankrupt after a period of massive overexpansion. “We have seen these kind of retrenchments in the past.