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Wall Street financing massive digital conversion program

Wall Street will raise over $1 billion to help fund the conversion of 20,000 movie screens to digital projection in a deal announced Wednesday. Blackstone Group LP and JPMorgan Chase & Co are arranging financing for Regal Entertainment Group, Cinemark Holdings Inc and AMC Entertainment Inc to install 3D digital projection for up to 20,000 movie screens. The three theater chains have reached agreements...

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Regal Entertainment Group Announces Grand Opening Details for The Landing Stadium 14

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today

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3-D films get push

WKBW An employee of Regal Entertainment Group’s Pinnacle Stadium 18 Theater in Turkey Creek checks out a pair of 3-D glasses used to watch movies on the theater’s 3-D digital equipment in 2005. Five Ho… Read the full article here

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DCIP and Major Studios Work Together to Make Thousands of Digital Theaters Next Year

Digital Cinema Implementation Partners (DCIP) is a joint venture owned equally by exhibition industry leaders AMC Entertainment Inc., Cinemark USA, Inc. and Regal Entertainment Group, representing more than 14,000 screens in the U.S. and Canada. Recently DCIP announced a deal to install thousands of digital movie projectors starting next year in the US. Each new [...]

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Hollywood studios reach digital cinema upgrade deal

LOS ANGELES (Reuters) - Five Hollywood studios have reached a more than $1 billion financing deal with the Digital Cinema Implementation Partners (DCIP) -- formed by Regal Entertainment Group, Cinemark Holdings Inc and AMC Entertainment Inc -- to upgrade 20,000 U.S. and Canadian cinema screens to digital technology.

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Hollywood studios reach digital cinema upgrade deal

LOS ANGELES, Oct 1 (Reuters) - Five Hollywood studios have reached a more than $1 billion financing deal with the Digital Cinema Implementation Partners (DCIP) -- formed by Regal Entertainment Group , Cinemark Holdings Inc and AMC Entertainment Inc -- to upgrade 20,000 U.S. and Canadian cinema screens to digital technology.

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Extensive remodeling and new amenities for Fredericksburg Theatre

KNOXVILLE, TN -- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today announced remodeling plans for Regal Cinemas in Fredericksburg, Virginia. Construction is expected to begin in the fourth quarter and is scheduled to be complete by the summer of 2009. The theatre will remain open continuously throughout...

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Regal Entertainment Group Announces Extensive Remodeling and New Amenities for Fredericksburg Theatre

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today

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Regal Entertainment Group Offers Eagle Eye: The IMAX Experience at 17 Locations

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today

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Theaters, Hollywood Studio's Close To $1 Billion 3D Deal

According to Bloomberg, the Digital Cinema Integration Partners and Hollywood studios' are close to a huge $1 billion deal that would see 14, 000 theater screens owned by Regal Entertainment Group, AMC Entertainment Holdings Inc., and Cinemark Holdings Inc., equipped...

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Regal profit falls; digital upgrade advances

Regal profits are down but they're going to try to make up for it by speeding up the digital rollout. Regal Entertainment Group , the largest U.S. movie theater owner, posted sharply lower quarterly profit on Thursday and said improvement might not come until the fourth quarter. But the company also reported progress in a long-delayed digital upgrade expected to boost sagging attendance at movie theaters....

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Regal profit falls; digital upgrade advances

LOS ANGELES (Reuters) - Regal Entertainment Group, the largest U.S. movie theater owner, posted sharply lower quarterly profit on Thursday and said improvement might not come until the fourth quarter.

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Lower quarterly profit, revenue for Regal Entertainment

WASHINGTON (MarketWatch) -- Regal Entertainment Group reported net income of $13.8 million, or 9 cents a share, for the second quarter ended June 26, down from $52.7 million, or 33 cents, earned in the same period during 2007. Quarterly revenue generated by the Knoxville, Tenn.-based operator of movie theaters eased to $675.8 million from the prior year's $683.4 million. On an adjusted basis to exclude...

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Regal Entertainment Group Reports Results for Second Quarter 2008 and Declares Quarterly Dividend

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today