Tag Archives: Amy Miles

Business, Finance, Occupation & Industry

Regal Cinemas Brings Girl Rising to Theatres Following Strong Moviegoer Interest

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By Business Wirevia The Motley Fool

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Regal Cinemas Brings Girl Rising to Theatres Following Strong Moviegoer Interest


From Academy Award-Nominee Richard E. Robbins with Cate Blanchett, Priyanka Chopra, Selena Gomez, Anne Hathaway, Salma Hayek, Alicia Keys, Chloë Moretz, Liam Neeson, Freida Pinto, Meryl Streep, and Kerry Washington

KNOXVILLE, Tenn.–(BUSINESS WIRE)– Regal Entertainment Group (NYS: RGC) , a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, announced a week-long engagement of Girl Rising starting Friday, April 19. From Academy Award-nominated director Richard E. Robbins, Girl Rising spotlights the strength of the human spirit and the power of education to change the world. Tickets are on sale now at: REGmovi.es/16VClEn.

Girl Rising first gained attention among moviegoers through a crowd-sourcing approach in which fans commit to buying enough movie tickets to secure a screening. Based on that interest, Regal Entertainment Group is now making the acclaimed film available to audiences in more than 150 theatres across the country.

“Regal recognizes the intense interest by American moviegoers demanding that this film be seen in their local communities,” stated Amy Miles, CEO of Regal Entertainment Group. “This movie is making an emotional impact on many of our patrons, me included. The stories from these extraordinary girls in nine different countries are accompanied by narration from an A-list of entertainers.”

Narrated by Cate Blanchett, Priyanka Chopra, Selena Gomez, Anne Hathaway, Salma Hayek, Alicia Keys, Chloë Moretz, Liam Neeson, Frieda Pinto, Meryl Streep, and Kerry Washington, the film has already proven a success. It is the centerpiece of 10×10 – a global campaign to educate and empower girls.

“With Girl Rising, we took a risk on a new model of on-demand theatrical distribution, and the leap of faith paid dividends,” said The Documentary Group’s Tom Yellin, executive producer of Girl Rising. “We’ve established a new model for impact filmmaking, to build a movement – and an audience – around a film. Regal joining this effort means an opportunity for people everywhere to see this beautiful and important film.”

A portion of all ticket sales at Regal Cinemas, United Artists and Edwards Theatres will go to the 10×10 Fund for Girls Education, which is distributed among 10×10’s high-impact network of non-profit partners: A New Day Cambodia, CARE, Girl Up/United …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Regal Entertainment Group Completes the Acquisition of Hollywood Theaters

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By Business Wirevia The Motley Fool

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Regal Entertainment Group Completes the Acquisition of Hollywood Theaters

KNOXVILLE, Tenn.–(BUSINESS WIRE)– Regal Entertainment Group (NYS: RGC) , a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today announced that it has completed the acquisition of Hollywood Theaters.

Regal acquired a total of 43 theatres representing 513 screens in exchange for $191 million in cash and approximately $47 million of assumed lease obligations. The cash portion of the purchase price includes repayment of approximately $167 million of the sellers’ debt and is subject to customary post-closing adjustments. The acquisition of Hollywood Theaters will enhance Regal’s presence in 16 states and 3 U.S. territories.

“We expect the acquisition of Hollywood Theaters to be accretive to cash flows and earnings and are pleased to announce another acquisition of high quality assets,” stated Amy Miles, CEO of Regal Entertainment Group.

Forward-looking Statements:

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements included herein, other than statements of historical fact, may constitute forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the risk factors contained in the Company’s 2012 Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2013. All forward-looking statements are expressly qualified in their entirety by such factors.

About Regal Entertainment Group:

Regal Entertainment Group (NYS: RGC) is the largest motion picture exhibitor in the United States. The Company’s theatre circuit, comprising Regal Cinemas, United Artists Theatres and Edwards Theatres, operates 6,858 screens in 537 locations in 38 states and the District of Columbia as of March 28, 2013. Regal operates theatres in 43 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company’s theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.

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Source: FULL ARTICLE at DailyFinance