Kansas City, Mo. - AMC Entertainment Inc. has announced that Peter C. Brown is retiring as Chairman of the Board, Chief Executive Officer and President of the Company. AMC also announced the appointment of Gerardo I. ("Gerry") Lopez as its Chief Executive Officer and his election to the Company's Board of Directors. Lopez most recently served as Executive Vice President of Starbucks Coffee Company and President of its Global Consumer Products, Seattle's Best Coffee and Foodservice divisions. The leadership changes are effective March 2, 2009.

"Peter Brown has been an integral part of AMC's extraordinary growth and innovation," noted Aaron Stone, a director since 2004 who has been named Chairman of the Board. "His sustained leadership has guided AMC through many challenging events for our industry, as well as several key mergers and acquisitions that helped to build this company from a family-run operation into one of the world's foremost theatrical exhibition and entertainment companies. The Board truly appreciates Peter's service and dedication to AMC over the last 18 years."

"I am deeply honored to have played a key role in the success of AMC for nearly two decades. Having helped the company grow from $400 million in revenues when I joined it to the $2.3 billion world-class company it has become," said Brown, "the time is right for me to turn to the next phase of my life and to the opportunities that exist. I leave the company confident that it is in the hands of a leader whose deep marketing and consumer background will take it to new heights."

Brown began his career with AMC in 1990 and became senior vice president and chief financial officer in 1991. He served as Executive Vice President from August 1994 to January 1997 and as co-Chairman of the Board from May 1998 through July 1999. In July 1999, Brown became Chairman and CEO of the company. He was only the third Chairman in its 89 year history.

"We are very pleased to welcome Gerry Lopez to AMC," said Chairman of the Board Stone. "During his tenure at Starbucks, he was a key driver of their consumer products growth strategy, and Gerry is very well-suited to be CEO of AMC. He is an outstanding leader with a proven history of creating dynamic strategic partnerships and intensely focusing on the customer experience."

"I am extremely excited to be taking on this new role at AMC, and I look forward to working with the talented AMC team to achieve many successes in the future," said Lopez. "This year, and for years to come, we have a fantastic opportunity to grow our company and bring the AMC experience to new audiences."

Prior to joining Starbucks, Lopez was president of the Handleman Entertainment Resources division of Handleman Company from November 2001 to September 2004, and its senior vice president and general manager from May 2000 to November 2001. Previously, Lopez held a variety of executive management positions with Frito-Lay, Inc., Pepsi-Cola Company and Procter & Gamble Company.

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Knoxville, Tennessee --- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, has announced their fiscal fourth quarter 2008 results.

Total revenues for the fourth quarter ended January 1, 2009 were $711.7 million compared to total revenues of $599.9 million for the fourth quarter of 2007. Net income was $30.1 million in the fourth quarter of 2008 compared to net income of $23.2 million in the same period of 2007.

Results for the fourth fiscal quarter of 2008 and for fiscal 2008 were significantly and positively impacted by the timing of our fiscal calendar which consisted of a 14 week period in the fourth quarter of 2008 compared to a 13 week period in the fourth quarter of 2007 and a 53 week period in 2008 compared to a 52 week period in 2007. The additional week was the week between Christmas and New Years, a traditionally high attendance week for the company and the industry.

"We are pleased with our 2008 accomplishments including the successful acquisition and integration of Consolidated theatres," stated Mike Campbell, CEO of Regal Entertainment Group. "We are also encouraged by the early 2009 box office results in this challenging economic environment," Campbell continued.

 

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Los Angeles -- On Sunday, the Academy of Motion Picture Arts & Sciences presents the Oscar to the Best Picture of the year. But in a recent Fandango poll, 81% of moviegoers on the site feel that the Academy's picks are out of touch with mainstream film choices. (None of 2008's top 10 box office hits ranks among the Academy's five Best Picture choices.)

This year, Fandango is asking fans to vote online for the film that truly deserves the honor as the best movie of the year. Fandango's first annual Fan Choice Award will be presented at ShoWest, the world's largest theatrical convention, on April 2. Voters can also participate in a sweepstakes for a chance to attend the awards ceremony live in Las Vegas on a free four-day/three-night getaway. To vote for the "2008 Movie of the Year", and enter the sweepstakes.

Voting ends on February 27, 2009.

The ten nominees for the ShoWest/Fandango Fan Choice Award are comprised of the top ten top-grossing films of the year. They are as follows:

The Dark Knight
Dr. Seuss' Horton Hears a Who
Hancock
Indiana Jones and the Kingdom of the Crystal Skull
Iron Man
Kung Fu Panda
Madagascar: Escape 2 Africa
Quantum of Solace
Twilight
WALL-E

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In a move that will help the company pay off its growing debt, Reuters is reporting that several hundred National Amusements movie theatres may soon be for sale.

National Amusements is owned by media tycoon Sumner Redstone. In recent months, Redstone's media empire, which is lead by Viacom, has taken its share of hits. Viacom has been forced to implement massive layoffs due to declining stock prices.

Early estimated figures show that the sale could be worth anywhere from $240 million to $480 million. While nothing is confirmed at this time, Regal Entertainment Group, AMC and Cinemark are all potential buyers. If any one of those three major chains were to make the purchase they would solidify there standing on top of the exhibition industry in a major way.

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Morristown, N.J. - Cinedigm Digital Cinema Corp. ("Cinedigm") (NASDAQ:CIDM) (formerly AccessIT) today announced an agreement with Sony Pictures Releasing Corporation ("SPRC") supporting its "Phase Two" Digital Cinema Deployment Plan for up to 10,000 digital cinema projection systems. Over the next three years, SPRC will supply its upcoming pictures in a DCI-compliant format to Cinedigm installed theatres in the United States and Canada, when booked, and will make financial contributions for a limited time to promote DCI-compliant digital cinema technology (a new and higher quality delivery format).

This agreement extends the strong commitment to digital cinema between the parties and reinforces Sony Pictures' desire to advance the industry's transition to digital. During Cinedigm's "Phase One" deployment, which commenced in the fall of 2005 and was completed in the fall of 2007, more than 3,700 digital cinema systems were installed in the U.S. and Canada.

"Sony Pictures Releasing Corporation has been an important partner to Cinedigm. We're happy to have their commitment to our Phase Two Deployment Plan as we know it will help to create a better experience for audiences at their local theatre," commented Bud Mayo, chairman and chief executive officer of Cinedigm. "We look forward to adding other studios and exhibitors to our Phase Two plan as we broaden the digital cinema footprint in the U.S. and Canada."

"Cinedigm has been an industry leader in digital cinema and we are proud to be their partner in enhancing the theatrical experience for consumers in North America," said Rory Bruer, President of Worldwide Distribution for Sony Pictures Worldwide Marketing & Distribution.

Chuck Goldwater, president of Cinedigm's Media Services Group, added: "Sony Pictures Releasing's partnership with Cinedigm in our Phase One deployment was a key to our successful installation of our first 3,700-plus screens. We know that their renewed support will be vital to Cinedigm in helping us bring even more benefits of the technology, including 3-D and alternative content, to theatre-goers in the U.S. and Canada. Cinedigm is proud to be SPRC's trusted partner in making digital cinema happen."

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