Latest in Amy Miles

The National Association of Theatre Owners (NATO) has elected Ellis Jacob, President and CEO of Cineplex, Toronto, as its Chairman and Rolando B. Rodriguez, Chairman, President and CEO of Marcus Theatres in Milwaukee, as Vice Chairman of the Board of Directors. Jacob, elected as Executive Board vice chairman in…

EXCLUSIVE: We’re hearing from several sources in distribution and exhibition this morning that Regal Entertainment Group CEO Amy Miles, President and COO Greg Dunn, and SVP, chief content and programming officer Steve Bunnell are leaving the exhibitor as Cineworld closes its $3.6 billion deal next week to acquire the…

The National Association of Theatre Owners announced the election of new officers to two-year terms by the Executive Board of Directors at the association's annual meeting, which ran September 27-28 at the Marriott Hotel in Marina del Rey, CA. Amy E. Miles, Chair of the Board and CEO of Regal Entertainment Group…

Regal Entertainment Group has a message for Wall Street: Enough. Following a month in which its stock has lost more than 22% of its value, the No. 2 exhibition chain says today that it plans to repurchase up to $50 million of its stock — a sign that it considers the shares a bargain. "We believe our growth prospects…

Regal Entertainment CEO Amy Miles says her company would be willing to consider endorsing a premium video on demand plan — but that’s hard to do as long as Hollywood studios are divided about how it would work. “It’s very difficult to predict” the outcome of talks between studios and theater owners, she told analysts…

Regal Entertainment’s effort to install recliner seats and high-end concessions helped it to beat analyst expectations for Q1. That lifted its shares nearly 3.6% in postmarket trading, following a 15.3% increase so far in 2016. This is the first report where the No. 1 exhibition chain says the recliner seats are…

It’s too early to say whether Wall Street has rekindled its love affair with movie theater chains. But Regal Entertainment’s surprisingly strong Q3 report last night — and upbeat forecast for 2016 — boosted the entire sector today. With the benchmark Standard & Poors 500 up less than 1% in mid-day trading, Regal’s…

UPDATE with earnings call and after-hours stock price: Regal Entertainment Group, which operates the largest theater chain in the nation with 7,357 screens in 42 states, reported third-quarter revenue of $725 million that bested both its year-over-year number as well as analysts’ estimates of $716.3 million. Diluted…

The No. 1 theater chain says it won’t show Paramount’s Paranormal Activity: The Ghost Dimension (to be released October 23) and Scouts Guide To The Zombie Apocalypse (October 30) — rejecting the studio’s experiment with AMC Entertainment that might cut into the 90-day period when exhibitors want exclusivity. Paramount…

Regal Entertainment Group shares slipped 1.6% in post market trading after the No. 1 exhibition chain said that its board has decided that a sale “would not be in the best interest of its shareholders at this time.” The chain, controlled by billionaire Philip Anschutz, shocked Wall Street in October when it announced t…

The atmosphere is “very different than [in 2011] when we had the premium VOD conversations,” Regal chief Amy Miles said this morning at the MKM Partners Investor Day Conference. “Conversations” is a polite word for exhibitors’ angry response back then when they forced Universal to abandon its plan to show the Ben…

CEO Amy Miles seems confident that consumers will continue to flock to theaters, even with the higher admission costs. “Sometimes we joke and say we are an industry that has been dying for the past 50 years,” she told investors today at Barclays Global Technology, Media and Telecommunications Conference. But “as long…