|Exchange:||New York Stock Exchange|
|Stock:||Regal Entertainment Group|
|Industry:||Media - Diversified|
|Regal Entertainment Group is a Delaware corporation organized on March 6, 2002. The Company operates most geographically diverse theatre circuit in the United States, consisting of 6,880 screens in 540 theatres in 38 states and the District of Columbia as of December 27, 2012. The Company manages its business under one reportable segment: theatre exhibition operations. It develops, acquires and operates multi-screen theatres mainly in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets throughout the U.S.Its Business strategy are Maximizing Stockholder Value, Pursuing Selective Growth Opportunities, Pursuing Premium Experience Opportunities, Pursuing Strategic Acquisitions.Its Strength are Industry Leader,Superior Management Drives Strong Operating Margins,Proven Acquisition and Integration Expertise,Quality Theatre Portfolio, Investment in National CineMedia.The Company operates theatres in all of the top 30 and 44 of the top 50 U.S. designated market areas, which include locations in suburban growth areas. It targets prime locations with excellent access to large, high patron-traffic areas. The Company operates its theatre circuit using its Regal Cinemas, United Artists and Edwards brands through its wholly owned subsidiaries. It operates multi-screen theatres. The Company's multi-screen theatre complexes typically contain 10 to 18 screens, each with auditoriums ranging from 100 to 500 seats. As a result, its theatres appeal to a diverse group of patrons because it offers a selection of films and convenient show times. In addition, many of its theatres feature modern amenities such as wall-to-wall screens, digital stereo surround-sound, multi-station concessions stands, computerized ticketing systems, plush stadium seating with cup holders and retractable armrests, enhanced interiors and exteriors and video game areas adjacent to the theatre lobby. The Company's modern, multi-screen theatres are designed to increase profitability by optimizing revenues per square foot and reducing the cost per square foot of operation. It varies auditorium seating capacities within the same theatre, allowing it to exhibit films on a more cost effective basis for a longer period of time by shifting films to smaller auditoriums to meet changing attendance levels. In addition, it realizes significant operating efficiencies by having common box office, concessions, projection, lobby and restroom facilities, which enables it to spread some of its costs, such as payroll, advertising and rent, over a higher revenue base. The Company staggers movie show times to reduce staffing requirements and lobby congestion and to provide more desirable parking and traffic flow patterns. It also actively monitors ticket sales in order to quickly recognize demand surges, which enables it to add seating capacity quickly and efficiently. The motion picture exhibition industry is competitive. The distribution of motion pictures is in large part regulated by federal and state antitrust laws and has been the subject of numerous antitrust cases.|
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