by Glenn Busch
January 12, 2012
Regal Entertainment Group (RGC) owns 1,222,780 shares of RealD (RLD), maker of digital 3D cinema systems. At one point, Regal’s holdings were worth $42.8 million. Now? Not so much. Shares in RealD are trading around $8.78, a 74% decline from its highs set back in May of 2011. Regal Entertainment Group’s stake in RealD is now worth around $10.7 million.
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by Glenn Busch
December 20, 2011
The problem facing movie theaters is less people are going. As of March of this year, U.S. and Canada movie theater attendance was down 20% from 2010. The summer blockbuster season did not fare any better. About 543 million tickets were sold this summer, the lowest number since 1997 when 540 million tickets were sold. This holiday season is not off to a good start either. So how are the multiplex theater operators, who are heavily dependent on U.S. and Canada attendance like Regal Entertainment Group (RGC), increasing their revenue?
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