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KNOXVILLE, Tenn.-- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States and Delancey Street Associates, today announce the construction of a new Regal Cinemas to be built in Manhattan. The new Regal will be an anchor tenant of the Market Line in the heart of Manhattan's Lower East side.

Regal Entertainment Group announces construction plans for a new Regal Cinemas in Manhattan with luxurious recliners in every auditorium.

Located at the corner of Delancey and Essex Streets, Regal will be the largest movie theater in Lower Manhattan and situated south of Regal's already existing cinemas at Union Square. The new 14-screen venue will have state-of-the-art amenities including luxurious electric recliners in every auditorium. Theatre construction is expected to start in the spring of 2015.

"We're thrilled to introduce Regal Entertainment Group as the Market Line's first tenant," said Rohan Mehra, principal of The Prusik Group, the firm responsible for the retail portions of the project. "We made a commitment to provide this community with a movie theatre and are proud to be fulfilling that commitment with the nation's pre-eminent theatre operator."

"It's been more than a decade since a new theatre has been built in Manhattan and Regal jumped at the chance to partner with the developers of the Market Line," stated Greg Dunn, President and COO at Regal Entertainment Group. "Located in the heart of the Lower East Side, the Market Line is going to be an incredible addition to this quintessential New York City neighborhood and we are excited to be a part of it."

The Market Line is part of an unprecedented development that will include 1,000 residential units and 850,000 square feet of commercial space on the Lower East Side. The project includes an expansive new home for the Essex Street Market, an annex of the Andy Warhol Museum, and 120,000 square feet of micro-retail ideally suited to the diverse retailers and restaurants that have made the Lower East Side famous. The 6-acre project site, previously known as the Seward Park Urban Renewal Area (SPURA) has sat mostly vacant since 1967. It is being developed by Delancey Street Associates, which includes BFC Partners, L + M Development Partners, and Taconic Investment Partners.

In addition to an array of restaurant, retail, entertainment and office tenants, half of the residential units will be reserved for low, moderate, and middle-income residents. During the SPURA planning process, the local community identified a movie theatre as a top neighborhood priority.

Regal Entertainment Group already operates three successful theatre locations in Manhattan: Regal Union Square 14, Regal E-Walk 13 and Regal Battery Park 11. The new Regal Cinemas will include amenities such as:

Recliners for every guest to provide more room, comfort and true luxury.
Each recliner has an electric control for multiple positions and features padded footrests.
Digital projection in every auditorium to provide a crystal-clear picture.
Real D 3D projection systems available for 3D enhanced presentations.
Stadium seating provides each moviegoer a clear view of the screen.
Guest service desk provides extra assistance in the spacious lobby.
Regal Express kiosks offer customers fully-automated ticket purchasing.
Mobile tickets sent directly to any smart phone with the Regal App.
Industry-leading Regal Crown Club loyalty program rewards frequent moviegoers.

About Delancey Street Associates:
Delancey Street Associates is a tri-venture of BFC Partners, Taconic Investment Partners and L+M Development Partners. DSA was designated in September of 2013 by The City of New York to develop the Seward Park Urban Renewal Area a six-acre mixed use development site in the heart of Manhattan's Lower East Side.

About Regal Entertainment Group:
Regal Entertainment Group (NYSE: RGC) operates the largest and most geographically diverse theatre circuit in the United States, consisting of 7,366 screens in 574 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia as of November 27, 2014. The Company operates theatres in 46 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company's theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.

 

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CineAsia, Hong Kong - GDC Technology Limited ("GDC Technology"), a world leading digital cinema solutions provider, will showcase its lineup of cost-effective and comprehensive cinema solutions at booth #313 at CineAsia 2014 at the Hong Kong Convention & Exhibition Centre, from December 9th to 11th.

Delegates visiting the GDC Technology booth will have the opportunity to experience GDC cornerstone digital cinema solutions designed to help the exhibitors reduce operation expenses and improve efficiency. GDC Technology will showcase the following digital cinema solutions covering a wide range of exhibitor needs.

SX-3000 Standalone IMB®

As the industry's first standalone IMB, the SX-3000 Standalone Integrated Media Block® (SX-3000 IMB) sets the standard for simple and hassle-free digital cinema solutions. The SX-3000 IMB significantly lowers operation, maintenance and installation costs by eliminating the need for an external file server - while offering High Frame Rate ("HFR") capability in both 2D and 3D, live 3D support, digital connectivity for alternative content such as 3G HD-SDI and HDMI input with image up-scaling.

To complete GDC's IMB solution, GDC's Portable Storage, Enterprise Storage and the new Enterprise Storage Plus, are dedicated storage devices designed to work for a long time (optional 10 year warranty is available) with the SX-3000 IMB. The Enterprise Storage devices provide large storage options of up to 8TB of redundant hot swappable storage, which can store approximately 76 movies. The new Enterprise Storage Plus retains all power features of Enterprise Storage plus a built-in CRU port for faster content ingestion.

CLA-2000 Content Library Adapter

The new CLA-2000 Content Library Adapter (CLA-2000) is a highly reliable content ingest and backup solution that simplifies theatre operations. With the CLA-2000, users can transfer content from one single source to multiple storage devices simultaneously, ingest content from a Linux based CRU hard disk to a Windows based LMS server, transfer content easily from one single hard disk, for example from a CRU, to a backup storage device such as GDC Portable Storage or Enterprise Storage. CLA-2000 also provides system flexibility with the 2 USB ports and 2 eSATA ports. All these functions give exhibitors the flexibility to transfer, ingest and backup content with or without TMS.

TMS-2000 Theatre Management System

To better serve customer needs, the newly released TMS-2000 Theatre Management Software ("TMS-2000") offers TMS-1000 functions with over 50 new features and improvements. In addition, a newly developed mobile app extends theater management to mobile platforms (such as iPad) for complete ease of use. The optional Quality Manager feature brings you excellent value in ensuring the right level of projector brightness, crisp color and crystal-clear audio free from distortion.

Network Operations Center (NOC)

GDC Technology's state-of-the-art NOC, featuring remote monitoring and reporting, technical call support, preventative servicing, on-site emergency response, and critical spares replenishment programs, safeguards exhibitors to run their business at optimal level of 24x7. GDC Technology's technical support team is professional and skilled, and stands ready to provide early identification of potential issues, giving exhibitors the added confidence that they are well covered in the event of an emergency or malfunction of the digital cinema equipment.

 

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By Daniel Garris

The Hunger Games: Mockingjay - Part 1 took in $22.03 million this weekend to lead the weekend box office for a third consecutive frame. The third installment of Lionsgate's blockbuster franchise starring Jennifer Lawrence was down 61 percent from last weekend's three-day frame. That represented a slightly better third weekend percentage hold than that of last year's The Hunger Games: Catching Fire, which fell 65 percent in its third weekend to gross $26.19 million. Mockingjay - Part 1 is the first film to lead the weekend box office since Guardians of the Galaxy did so earlier this year. Mockingjay - Part 1 has grossed $258.15 million through 17 days of release. That places the film 23 percent behind the $335.85 million 17-day take of Catching Fire.

Penguins of Madagascar grossed $10.91 million to remain in second. The 3D computer animated film from Fox and DreamWorks Animation was down 57 percent from last weekend. It is commonplace for non-holiday family films to drop off significantly the weekend after Thanksgiving, due in part to family attendance traditionally increasing over Thanksgiving weekend. Penguins of Madagascar has grossed $49.39 million through twelve days of release. That is below pre-release expectations and places the film 12 percent behind the $56.36 million twelve-day takeoff 2011's The Muppets (which fell 62 percent in its second weekend to gross $11.08 million).

Warner's Horrible Bosses 2 was up two spots from last weekend to claim third place with $8.42 million. The R-rated comedy sequel was down 46 percent from last weekend. That represented one of this weekend's stronger percentage holds, as the film's Thanksgiving weekend performance was clearly deflated a bit. With that said, Horrible Bosses 2 is still performing well below pre-release expectations with a lackluster twelve-day start of just $35.89 million. Horrible Bosses 2 is running a disappointing 45 percent behind the $65.67 million twelve-day take of 2011's Horrible Bosses.

Big Hero 6 placed in fourth with $8.04 million. The successful 3D computer animated film from Walt Disney Animation Studios was down 57 percent. Big Hero 6 has grossed $177.46 million in 31 days. That places the film 12 percent ahead of the $158.18 million 31-day take of Wreck-It Ralph. Big Hero 6 is still in good shape to eventually surpass the $200 million domestic mark, especially with the Christmas and New Year's holidays still ahead of it.

Paramount's Interstellar rounded out the weekend's top five with $7.79 million. The Christopher Nolan directed sci-fi film fell 51 percent. Interstellar continues to run below expectations domestically with $158.45 million after 31 days of wide release. The film has held up nicely thus far, but it will soon begin to face more direct competition from both Fox's Exodus: Gods and Kings and Warner's The Hobbit: The Battle of the Five Armies.

Meanwhile, Fox's The Pyramid was off to a soft ninth place start this weekend with $1.37 million. The writing was on the wall for the low-budget horror film after it was released in just 589 locations this weekend. Fox clearly has its attention already focused on the release of Exodus: Gods and Kings this coming Friday.

Fox Searchlight's Wild was off to a far more promising start with $606,810 this weekend from 21 locations. That gave the drama starring Reese Witherspoon a per-location average of $28,896 for the frame. After an additional two days of release (in 5 locations), Wild has grossed $654,058 through five days.

Elsewhere in platform release, The Weinstein Company's The Imitation Game remained strong with $389,260 from 8 locations. The awards season hopeful starring Benedict Cumberbatch claimed a healthy per-location average of $48,658 for the frame. The Imitation Game has grossed $1.00 million in ten days of platform release and will continue to expand into new locations on Friday.

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By Alex Edghill

It was a relatively slow week on Facebook as no new massive trailers or big news bounced around to push like totals, so everything was pretty much left up to good old fashioned organic growth. The leader of that pile ended up being everyone's favourite little yellow weirdos the Minions. The film saw an additional 121,600 likes over the week, thanks mostly to residual buzz about its trailers a few weeks ago but also due to some Holiday-themes clips which were released. Yup, these guys are going to be absolutely massive next year on release.

Furious 7 and  Avengers: Age Of Ultron accounted for the second and third spots respectively over the past week. With such a huge base of likes its really not that hard to gain sizeable numbers of people a week. Its like osmosis for Facebook, big numbers attract people.

Perhaps more interestingly Woman In Black 2 has been seeing a nice push of late thanks to its marketing materials. Now if the recent film The Pyramid taught us anything its that big social media numbers for horrors are pretty standard and not necessarily indicative of box office fortunes. Woman In Black is reusing the Facebook page of the original so it had a big jump start which it is putting to good use it seems. I'm not convinced that its going to be able to match the $20 million opening of the original but the first weekend in January has proven in the recent past to be a gold mine for horrors. Each of the last three years has seen a horror open in that slot to success: Texas Chainsaw 3D, The Devil Inside and Paranormal Activity: The Marked Ones - all very profitable and successful films in their own right. 

Exodus: Gods And Kings rounds out the top 5 as it is drawing nearer to its release date. While its 30% hike in numbers was very strong, its overall like total is really lacking when compared to Noah which had over 400k by this point. This might have to rely more on word of mouth and legs than an opening of $40 million like Noah did.

Facebook Top 15 Movies by Like Increase for the Week Ending Sunday December 7th

Rank Release Movie Likes Previous Change % Change
1 07/10/15 Minions 27,418,859 27,297,259 121,600 0.45%
2 04/03/15 Furious 7 54,069,986 54,011,374 58,612 0.11%
3 05/01/15 Avengers: Age of Ultron 12,591,594 12,546,649 44,945 0.36%
4 01/02/15 The Woman In Black 2: Angel of Death 2,294,793 2,253,361 41,432 1.84%
5 12/12/14 Exodus: Gods and Kings 168,811 127,567 41,244 32.33%

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Lionsgate reports that The Hunger Games: Mockingjay Part 1 is up to an impressive $560.5 million worldwide. $302.8 million of that comes from overseas results. Key markets include the U.K. ($39.6 milllion), Germany ($29.3 million), Australia ($22.1 million) and France ($21 million).

Interstellar posted $22.8 million from 64 markets this weekend. The overseas cume is now $434.1 million. Worldwide, Christopher Nolan's space epic is up to $593.1 million. China's tally is up to $119.2 million, which makes it the biggest earner WB has ever had in the country. 

Penguins of Madagascar added another $23.5 million overseas this weekend, giving it an international cume of $94.5 million. The global total is now $144.1 million. China remains the #1 overseas market with $36.6 million, followed by Russia with $15 million.

Exodus: Gods and Kings is off to an excellent start ahead of its domestic release. The biblical epic snagged $23 million from 10 international markets over the weekend. Exodus' $4.7 million debut in Mexico is 41% ahead of Noah at the same point in the release cycle. The Ridley Scott flick is also ahead of Noah in Spain, Hong Kong, Thailand and the Philippines. 

Horrible Bosses 2 raked in another $7.1 million over the weekend, giving it an overseas total of $23.1 million. Globally, the comedic sequel is up to $59.2 million.

Big Hero 6 added another $4.0 million to its overseas haul this weekend. The animated flick is only 22% into its full international roll out. The overseas haul is now $62.8 million. Globally, Big Hero 6 is up to $240.3 million.

The Pyramid debuted to $3.8 million from 16 overseas markets. The horror flick ranks second in Russia with $1.4 million.

Fury added $3.7 million, pushing its overseas total to $97.5 million. Globally, the war flick is up to $180.7 million. 

Men, Women & Children is up to $418K after opening in three overseas territories. The global cume is $1.1 million. 

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