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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Regal Entertainment Grp. Class A (delisted) | NYSE:RGC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 22.99 | 0 | 01:00:00 |
From May 2019 to May 2024
By Ben Fritz
Walt Disney Co. (DIS) has resolved a dispute with the nation's second-largest cinema chain, AMC Theatres, allowing fans to buy advance tickets for next week's "Iron Man 3" at the chain.
On Thursday, the two companies reached a deal over how they would split revenues on upcoming movies, people close to the situation said. Terms were not immediately available.
About two weeks ago, Disney sent a letter to theater owners requesting a 3 percentage point increase in the share of box office that it collects, said a knowledgeable person in the movie theater industry. The studio was apparently emboldened by the strength of its franchises such as the Marvel super-heroes and the upcoming relaunch of "Star Wars."
A number of theater chains, including AMC, objected and refused to sell tickets to "Iron Man 3," which opens May 3.
Regal Entertainment (RGC), the nation's largest chain, and Cinemark Holdings (CNK), the third-largest, have yet to reach agreements with Disney.
Representatives for Disney did not respond to a request for comment, nor did AMC's chief executive, Gerry Lopez.
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