Regal Entertainment Group

Denver

Revenue: $2.03 billion

Profit: $53.1 million

Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect.

Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first bought United Artists Theaters out of bankruptcy court and later added California’s Edwards Theaters to the mix.

But just as impressive as the size and scope of Regal’s exhib operations was its May debut on Wall Street. The stock immediately began trading up from its initial public offering launch price and shares have maintained a lofty level ever since.

That’s gone far to restoring credibility in the exhib sector in general. Rival AMC Entertainment subsequently launched a secondary offering amid the sudden sector enthusiasm, and longtime privately held circuit Cinemark Intl. mounted an initial public offering of its own.

Some Regal watchers have predicted the circuit soon will eye foreign territories for possible expansion, as any further growth in the U.S. could trigger too much scrutiny from antitrust regulators.

More Scene

  • 'Jumanji: Welcome to the Jungle' film

    Dwayne Johnson, Kevin Hart's 'Jumanji' Maintains 'Soul' of Robin Williams Original

    Revenue: $2.03 billion Profit: $53.1 million Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect. Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first […]

  • John Cena Ferdinand

    'Ferdinand' Director on Why John Cena Was Perfect for Title Role

    Revenue: $2.03 billion Profit: $53.1 million Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect. Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first […]

  • Asian-American Unforgettable Awards 2017

    'Westworld's' Leonardo Nam Says Seeing Asian Actors in ‘Star Wars’ ‘Feels Normal’

    Revenue: $2.03 billion Profit: $53.1 million Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect. Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first […]

  • Mark Hamill'Star Wars: The Last Jedi'

    'Star Wars: The Last Jedi' Honors Late Carrie Fisher at Elaborate Premiere

    Revenue: $2.03 billion Profit: $53.1 million Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect. Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first […]

  • Ajit Pai Free Speech

    FCC Chair Plays for Laughs at D.C. Event Amid Fierce Net Neutrality Debate

    Revenue: $2.03 billion Profit: $53.1 million Less than a year old, and exhib Regal Entertainment Group is already getting a lot of respect. Mostly, that’s by dint of size after majority owner Philip Anschutz cobbled together an unprecedented 5,900 screens by combining the former Regal Cinemas with two other acquired circuits. The Denver-based billionaire first […]

More From Our Brands

Access exclusive content