RGC meaning in Business ?

Answer: What is Regal Entertainment Group mean?

Regal Cinemas (formerly Regal Entertainment Group) is an American movie theater chain headquartered in Knoxville, Tennessee. A division of Cineworld, Regal operates the second-largest theater circuit in the United States, with over 7,200 screens in 549 theaters as of October 2019. The three main theatre brands operated by Regal Entertainment Group are Regal Cinemas, Edwards Theatres, and United Artists Theatres.

These chains retain their exterior signage, but most indoor branding (popcorn bags, policy trailers) uses the Regal Entertainment Group name and logo. Most new cinema construction uses the Regal Cinemas name. Regal has acquired several smaller chains since this merger; these, however, have been rebranded as Regal Cinemas.

On December 5, 2017, it was announced that the British theater chain Cineworld would acquire Regal for $3.6 billion, making it the second largest global cinema exhibitor behind AMC.

reference

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