| Regal Entertainment Group Cl A | (NY: RGC) |
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June 19, 2013
Regal Entertainment Group (NYSE:RGC) manages the largest movie theater chain in the US. At the end of fiscal 2009, Regal Entertainment operated 6,768 movie screens in 548 theaters in 39 states and the District of Columbia.[1] It had over 244 million attendees, and has theaters in all of the top 30 U.S. designated market areas.
The movie theater industry is highly competitive due to the large number of players and the lack of control theater companies have on suppliers. In addition, Regal Entertainment's movie theaters must compete with in-home theater services, television movie providers and other forms of entertainment such as sporting events and music concerts.
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