Regal Cinemas

Barco announces first locations for HDR by Barco in the US

Retrieved on:

Thursday, April 11, 2024

AMC Theatres, Regal Cinemas, Ecosystem, NAB, HDR, B&B Theatres, Film industry

LAS VEGAS, April 11, 2024 /PRNewswire/ -- Barco, the leader in laser-powered cinema solutions, today announced a plan to bring HDR by Barco to select high-profile theaters at AMC Theatres, B&B Theatres, and Regal Cinemas in the US. As part of the program, moviegoers in Los Angeles, New York, Dallas, and other major markets will be among the first to experience first-run titles mastered for HDR. The installs are part of a commercial pilot program which will bring the company's groundbreaking laser HDR lightsteering technology to moviegoers in time for 2024 holiday season.

Key Points:

HDR by Barco is the company's premium projection offering, delivering moviegoers an HDR cinema presentation that is unlike anything else.
The HDR by Barco pilot program opens in theaters September 1, 2024 and runs through the end of the year, with rollout of HDR by Barco permanent sites expected in 2025.
The company is currently working with the leading post-production houses for theatrical content to outfit them with HDR by Barco and prepare a slate of remastered HDR titles.
HDR by Barco post-production solutions will be on display next week at NAB, also in Las Vegas.

U.S. Properties Group Signs New Lease with UFC GYM at The Streets of Indian Lake – Hendersonville, Tennessee

Retrieved on:

Tuesday, March 19, 2024

The opening of UFC GYM at The Streets of Indian Lake is anticipated by the summer of 2024.

Key Points:

The opening of UFC GYM at The Streets of Indian Lake is anticipated by the summer of 2024.
UFC GYM is owned locally by George Girgel, a resident of Franklin, Tennessee and a successful entrepreneur in Tennessee and other states.
“We share a passion to make UFC GYM one of the most successful brands in the fitness industry.
What’s more, they can do so in a facility that is second-to-none.” - Mark Mastrov, Executive Chairman, UFC GYM.

CTO Realty Growth Provides Year-To-Date Leasing Update

Retrieved on:

Monday, March 11, 2024

Acquisition, Shop, Bath & Body Works, Growth, Foot, Sunglass Hut, Occidental Petroleum, Regal Cinemas, Self storage

WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:

Key Points:

WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:
Year-to-date, signed 16 leases totaling 112,480 square feet at an average cash base rent of $27.49 per square foot.
On a comparable basis, which excludes vacancy existing at the time of acquisition, CTO signed 12 leases totaling 103,065 square feet at an average cash base rent of $26.58 per square foot compared to a previous average cash base rent of $14.06 per square foot, representing 89% comparable growth.
Executed an approximately 45,000 square foot lease with a regional fitness tenant for the replacement of Regal Cinemas at Beaver Creek Crossing in Apex, NC.
Signed notable new leases, renewals, or extensions with Altar’d State, Bath & Body Works, Occidental Petroleum, Total Wine & More and Sunglass Hut.

Ken Thewes Joins Marcus Theatres® as Senior Vice President of Marketing

Retrieved on:

Thursday, September 28, 2023

Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.

Key Points:

Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.
Most recently, Thewes was the chief marketing officer for Regal Cinemas.
View the full release here: https://www.businesswire.com/news/home/20230927243816/en/
Ken Thewes, senior vice president of marketing at Marcus Theatres (Photo: Business Wire)
“Whether avid moviegoers or entirely new audiences, people are flocking to theatres for unique entertainment experiences,” said Mark Gramz, president of Marcus Theatres.
“Ken has a long history in reaching audiences not only in movie exhibition, but across hospitality and entertainment.

EPR Properties Announces Comprehensive Restructuring Agreement and Master Lease with Regal Cinemas; Management to Host Conference Call

Retrieved on:

Wednesday, June 28, 2023

EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).

Key Points:

EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).
Regal revenues on the 41 Master Lease Properties exceeded $220 million in 2022 as North American Box Office Gross (“NABOG”) totaled $7.4 billion.
Pursuant to management agreements, Cinemark (NYSE:CNK) will operate four of the Surrendered Properties and Phoenix Theatres will operate one.
Management will host a conference call to discuss the Company's restructuring agreement with Regal and related matters on June 28, 2023 at 5:00 p.m. Eastern Time.

National CineMedia Announces New Long-Term Advertising Agreement with Regal Cinemas

Retrieved on:

Monday, June 5, 2023

National CineMedia, LLC (“NCM”), the largest cinema advertising network in the United States, today announced that it has entered into a new long-term Network Affiliate Transaction Agreement (“Agreement”) with Regal Cinemas, Inc. (“Regal Cinemas”).

Key Points:

National CineMedia, LLC (“NCM”), the largest cinema advertising network in the United States, today announced that it has entered into a new long-term Network Affiliate Transaction Agreement (“Agreement”) with Regal Cinemas, Inc. (“Regal Cinemas”).
“The agreement we announced today strengthens and deepens NCM’s 20-year relationship with Regal Cinemas well into the future and reaffirms our position as the market leader and premier company in cinema advertising,” said Tom Lesinski, CEO of NCM.
The new ten-year Agreement will replace the previous Exhibitor Service Agreement with Regal Cinemas.
This Agreement represents a major milestone in the NCM’s restructuring and culminates its successful mediation with Regal Cinemas.

Cynthia Garris Ministries Transforms Local Movie Theater into Vibrant Place of Worship

Retrieved on:

Monday, May 22, 2023

Construction & Property, Other Consumer, Women, Seniors, Religion, Men, Family, Consumer, Teens, Other Construction & Property, Parenting, Crossgates Mall, Regal Cinemas, Environment, Auditorium, Mall, Nightclub, Film industry, Tourism

Cynthia Garris Ministries has unveiled the transformation of a local movie theater into a dynamic house of worship.

Key Points:

Cynthia Garris Ministries has unveiled the transformation of a local movie theater into a dynamic house of worship.
By repurposing the movie house, Cynthia Garris Ministries has created an environment where everyone can come together under one roof.
Cynthia Garris Ministries aims to connect with the community beyond worship.
Cynthia Garris Ministries is a non-denominational church committed to nurturing faith, fostering community, and making a difference in the lives of individuals and families.

SITE Centers Reports First Quarter 2023 Results

Retrieved on:

Tuesday, April 25, 2023

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023.

Key Points:

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023.
SSNOI in the first quarter of 2022 included $1.1 million of rental income at SITE Centers’ share related to 2020 primarily from cash basis tenants, which was a 130 basis-point headwind to first quarter 2023 SSNOI growth.
The Company did not have any leases rejected in the first quarter of 2023 related to the bankruptcy filings of Party City or Cineworld (Regal Cinemas).
The Company has updated its 2023 full-year guidance for net income attributable to common shareholders and Operating FFO per share to include the impact of the first quarter operating results.

Velocity MSC Announces Partnership with Digital Cinema Distribution Coalition to Bring Next-Gen Terrestrial Network to Theaters at CinemaCon

Retrieved on:

Monday, April 24, 2023

National Association of Theatre Owners, DCDC, Mechanics, Partnership, Exhibition, Cinemark Theatres, Human, AMC Theatres, Universal Pictures, Regal Cinemas, Warner Bros., Velocity, Television

Under the agreement, Velocity will be the preferred provider to enhance the company's digital delivery of theatrical content by partnering for terrestrial distribution to cinemas nationwide.

Key Points:

Under the agreement, Velocity will be the preferred provider to enhance the company's digital delivery of theatrical content by partnering for terrestrial distribution to cinemas nationwide.
The mechanics of content distribution have evolved over the years from physical hard drives shipped by road transport to digital delivery via satellite.
Through this partnership, we will continue our expansion into cinema markets and modernize network connections and asset delivery for our customers," said Joe Ross, Chief Commercial Officer of Velocity MSC.
Last year at CinemaCon, Velocity introduced its newest proprietary digital signage solution , a 7-foot-tall digital standee.

CIM Group Brings Nordstrom Rack and Chick-fil-A to Northwoods Shopping Center in San Antonio, Texas

Retrieved on:

Tuesday, March 21, 2023

CIM Group, announced today that it has executed leases with Nordstrom Rack and Chick-fil-A at its Northwoods Shopping Center, a 443,148-square-foot regional community center offering a mix of shops, restaurants and entertainment.

Key Points:

CIM Group, announced today that it has executed leases with Nordstrom Rack and Chick-fil-A at its Northwoods Shopping Center, a 443,148-square-foot regional community center offering a mix of shops, restaurants and entertainment.
Nordstrom Rack has signed a long-term lease for an approximately 34,966-square-foot space located near the popular H-E-B grocery store.
Chick-fil-A is constructing a new restaurant at Northwoods Shopping Center, a 4,995-square-foot building on a 1.5-acre parcel located across the parking lot from Nordstrom Rack.
Northwoods Shopping Center is an outdoor, regional community center, offering 54 shops that provide a diverse mix of large format and boutique retail, restaurants, services and entertainment.