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Regal Entertainment Group – The American Theater Chain Enjoying Significant Growth
REG or Regal Entertainment Group is a US-based theater chain headquartered in Knoxville, Tennessee. Currently it operates 7307 total screens in 564 theaters, as of 2016. It operates three major theater brands – Edwards Theaters, Regal Cinemas and United Artists Theaters. These brands have their own signage, but most of the indoor branding like policy trailers and popcorn bags has the name and logo of Regal Entertainment Group. The REG Logo is used wherever required, along with three different brands. A lot of new cinema construction uses the name of Regal Cinemas, even though Regal has made new presence in locations of Idaho and California. It has owned various franchisees since the merger and re-branded Regal Cinemas.
With total 7307 screens in 564 theatres, as of June 2016, Regal Entertainment Group generates $2.82 billion of revenue, as of 2012. Basically, the company generates revenue from concession sales and ticket sales. According to NASDAQ, when considered the stocks covered at Dividend Channel, Regal Entertainment Group shares crossed 4% mark successfully according to its quarterly dividend, with stock changing around $21.62. For investors, dividends are very important consideration as historically dividends delivered huge share of total return in stock market. Regal Entertainment Group is the member of Russell 3000, gave special status to it to become one of the leading 3000 giants on the stock markets based in US. When it comes to Regal Entertainment Group, considering the history of RGC can help you find out whether the recent dividend will keep on rise and whether it is feasible to expect annual yield of 4%.
How it started?
Founded in 1989, Regal Cinemas is headquartered in Knoxville, Tennessee and Mike Campbell is appointed as CEO. Regal started to grow rapidly and kept on opening several larger cinemas in suburbs. Most of these have Café Del Moro, a premium café, and more upscale interiors. Regal Cinemas has seen significant growth over the decade, swallowing several smaller chains down along with developing more up-market, modern cinemas. The largest acquisition of the brand during the period led to Act III Theaters and it acquired some of the smaller chains along with Cobb Theaters, National Theater Corp, and RC Theaters. By the year 2001, Regal was extended like its competitor cinema chains. It became the leading name in entertainment industry and it is merged into United Artists and Edwards chains. The Regal Roller Coaster trailer was aired before showing any movie from 1990s to 2004. In 2010, it was revived and latest variant was released in 2015.
Regal Entertainment Group has announced construction of Regal Cinemas in different locations, giving various opportunities to acquire Regal Entertainment Group Real estate, according to Business Wire. It is the leading theater chain offering variety of opportunities to own Regal Entertainment Group lease. It is a great business opportunity for you to have Regal Entertainment Group investment property. It has almost doubled the number of theaters over the past few years. It has planned to expand its Regal Cinemas theatres across the United States. Like other brands, Regal Cinemas is also proposed to extend over the coming years. So, it is best to own a Regal Entertainment Group corporate franchise.
Along with Regal Cinemas, REG has also established United Artists Theaters. It is based on movie studio. The chain was separated from the studio over time and it was the part of leading company in 1970s, United Artists Communications. Edwards Theaters is another option for franchise opportunities. It was a family owned theater chain based in California in 1930 started by William James Edwards Jr. It is one of the most popular and most anticipated theater chains in California.
Regal Properties For Sale Across the United States :
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands, Washington, West Virginia, Wisconsin, Wyoming