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Regal Entertainment Group is the largest movie theater chain in the US but its now owned by the UK-based company Cineworld which purchased Regal in 2017. Accordingly it is AMC Entertainment Holdings primary competitor. While some companies may accept competitor coupons for an equivalent item movie theaters do not.
Shares of AMC Entertainment owner of the nations largest chain plummeted 19 or 62 cents to 260 in Monday trading. None of the three major national theater chains AMC Theatres Regal Cinemas and Cinemark have plans to reopen before June. Both AMC Entertainment and Regal Cinemas the nations top two theater owners are threatening to boycott Universal Pictures films from its screens after Jeff Shell chief executive of. Hi Jason Janah Michael and Adele.
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