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Regal Entertainment Group
Regal Cinemas (also 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. On September 7, 2022, Cineworld filed for Chapter 11 bankruptcy. Histor ...
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Union Square, Manhattan
Union Square is a historic intersection and surrounding neighborhood in Manhattan, New York City, located where Broadway and the former Bowery Road – now Fourth Avenue – came together in the early 19th century. Its name denotes that "here was the union of the two principal thoroughfares of the island". The current Union Square Park is bounded by 14th Street on the south, 17th Street on the north, and Union Square West and Union Square East to the west and east respectively. 17th Street links together Broadway and Park Avenue South on the north end of the park, while Union Square East connects Park Avenue South to Fourth Avenue and the continuation of Broadway on the park's south side. The park is maintained by the New York City Department of Parks and Recreation. Adjacent neighborhoods are the Flatiron District to the north, Chelsea to the west, Greenwich Village to the southwest, East Village to the southeast, and Gramercy Park to the east. Many buildings ...
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Cleveland
Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. maritime border with Canada, northeast of Cincinnati, northeast of Columbus, and approximately west of Pennsylvania. The largest city on Lake Erie and one of the major cities of the Great Lakes region, Cleveland ranks as the 54th-largest city in the U.S. with a 2020 population of 372,624. The city anchors both the Greater Cleveland metropolitan statistical area (MSA) and the larger Cleveland–Akron–Canton combined statistical area (CSA). The CSA is the most populous in Ohio and the 17th largest in the country, with a population of 3.63 million in 2020, while the MSA ranks as 34th largest at 2.09 million. Cleveland was founded in 1796 near the mouth of the Cuyahoga River by General Moses Cleaveland, after whom the city was named ...
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Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO ...
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Tele-Communications Inc
Tele-Communications, Inc. (TCI) was a cable television provider in the United States, and for most of its history was controlled by Bob Magness and John Malone. The company was started in 1958 in Bozeman, Montana as Western Microwave, Inc. and Community Television, Inc., two firms with common ownership. The companies merged in 1968 and operations moved to Denver, taking the name Tele-Communications Inc. It was the largest cable operator in the United States at one time. After going public in 1970, the company grew rapidly, and became the top cable provider in the United States. After a failed merger attempt with Bell Atlantic in 1994, it was purchased in 1999 by AT&T, whose cable television assets in select markets were later acquired by Charter Communications, Cox Communications, and then Cablevision and Comcast Corporation. History After graduating from Southwestern Oklahoma State University, Bob Magness was a cotton seed salesman and cattle rancher. In 1956, he met two me ...
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John Malone
John Carl Malone (born March 7, 1941) is an American billionaire businessman, landowner and philanthropist. He was chief executive officer (CEO) of Tele-Communications Inc. (TCI), a cable and media giant, for twenty-four years from 1973 to 1996. Malone is now chairman and largest voting shareholder of Liberty Media, Liberty Global, and Qurate Retail Group (formerly known as Liberty Interactive), and also owns 7% of Lionsgate and Starz Inc. He was interim CEO of Liberty Media, until succeeded by former Microsoft and Oracle CFO Greg Maffei. By most estimates, Malone is the largest private landowner in the United States, possessing upwards of 2.2 million acres (3,437 square miles), more than twice the size of Rhode Island. Early life and education John C. Malone was born on March 7, 1941 in Milford, Connecticut. His father was Daniel L. Malone, an engineer. Malone is of Irish heritage, his family originating in County Cork. Malone is a Catholic. In 1959, Malone graduated from Ho ...
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Cable Television
Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with broadcast television (also known as terrestrial television), in which the television signal is transmitted over-the-air by radio waves and received by a television antenna attached to the television; or satellite television, in which the television signal is transmitted over-the-air by radio waves from a communications satellite orbiting the Earth, and received by a satellite dish antenna on the roof. FM radio programming, high-speed Internet, telephone services, and similar non-television services may also be provided through these cables. Analog television was standard in the 20th century, but since the 2000s, cable systems have been upgraded to digital cable operation. A "cable channel" (sometimes known as a "cable network") is a ...
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San Francisco Bay Area
The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Governments to include the nine counties that border the aforementioned estuaries: Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, Sonoma, and San Francisco. Other definitions may be either smaller or larger, and may include neighboring counties that do not border the bay such as Santa Cruz and San Benito (more often included in the Central Coast regions); or San Joaquin, Merced, and Stanislaus (more often included in the Central Valley). The core cities of the Bay Area are San Francisco, San Jose, and Oakland. Home to approximately 7.76 million people, Northern California's nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a comp ...
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Robert Naify
Robert Naify was an American businessman and motion picture and media tycoon known for his ownership of the movie theaters chain United Artists Theatres, the largest and most geographically diverse theatre circuit in the United States, today part of Regal Cinemas. He also founded the cable company United Artists Communications Inc and post-production and sound mixing firm Todd-AO. He lived in San Francisco, California until his death on April 7, 2016 at the age of 94. Career Naify, the son of a Lebanese immigrant who built a movie theater empire beginning in 1912, has worked in the theater business nearly all his life. His father got into movie business in Atlantic City with a movie theater in 1912 where Robert and brother Marshall Naify (d. 2000) started as ushers, projectionists. The Naify brothers built the first movie screen in San Francisco, the New Fillmore anThe Clay which was first a nickelodeon house and one of the oldest theaters in San Francisco''.''They then moved to C ...
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Joseph Schenck
Joseph Michael Schenck (; December 25, 1876 – October 22, 1961) was a Russian-born American film studio executive. Life and career Schenck was born to a Jewish family in Rybinsk, Yaroslavl Oblast, Russian Empire. He emigrated to New York City on July 19, 1892 under the name Ossip Schenker; and with his younger brother Nicholas eventually got into the entertainment business, operating concessions at New York's Fort George Amusement Park. Recognizing the potential, in 1909 the Schenck brothers purchased Palisades Amusement Park and afterward became participants in the fledgling motion picture industry in partnership with Marcus Loew, operating a chain of movie theaters. In 1916, through his involvement in the film business, Joseph Schenck met and married Norma Talmadge, a top young star with Vitagraph Studios. He would be the first of her three husbands, but she was his only wife. Schenck supervised, controlled and nurtured her career in alliance with her mother. In 1917 the c ...
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Charlie Chaplin
Sir Charles Spencer Chaplin Jr. (16 April 188925 December 1977) was an English comic actor, filmmaker, and composer who rose to fame in the era of silent film. He became a worldwide icon through his screen persona, the Tramp, and is considered one of the film industry's most important figures. His career spanned more than 75 years, from childhood in the Victorian era until a year before his death in 1977, and encompassed both adulation and controversy. Chaplin's childhood in London was one of poverty and hardship. His father was absent and his mother struggled financially — he was sent to a workhouse twice before age nine. When he was 14, his mother was committed to a mental asylum. Chaplin began performing at an early age, touring music halls and later working as a stage actor and comedian. At 19, he was signed to the Fred Karno company, which took him to the United States. He was scouted for the film industry and began appearing in 1914 for Keystone Studios. He soon ...
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Mary Pickford
Gladys Marie Smith (April 8, 1892 – May 29, 1979), known professionally as Mary Pickford, was a Canadian-American stage and screen actress and producer with a career that spanned five decades. A pioneer in the US film industry, she co-founded Pickford–Fairbanks Studios and United Artists, and was one of the 36 founders of the Academy of Motion Picture Arts and Sciences. Pickford is considered to be one of the most recognisable women in history. Cited as "America's Sweetheart" during the silent film era, she is named on the list of the AFI's 100 Years...100 Stars as the 24th top female stars from the Classical Hollywood Cinema era and the "girl with the curls", Pickford was one of the Canadian pioneers in early Hollywood and a significant figure in the development of film acting. She was one of the earliest stars to be billed under her own name, and was one of the most popular actresses of the 1910s and 1920s, earning the nickname "Queen of the Movies". She is credit ...
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