Regal: Theatre Circuit Company Secures $250 Million

By Amit Chowdhry • Jul 12, 2024

Regal announced that it had completed a $250 million capital raise. With this funding, Regal is well positioned for accelerated growth through improvements to existing assets, and digital enhancements to the moviegoing experience.

The funding will be used to upgrade existing Regal theatres in concert with respective real estate partners, including investments in luxury recliners and additional improvements to the moviegoing experience through upgrades to Regal’s digital channels including the website and app. And construction has been initiated with over 30 locations completed during 2025.

KEY QUOTES:

“Regal has been executing on its business plan with results through the first quarter that exceeded our expectations providing one of the strongest balance sheets in the business. As we invest in providing the best moviegoing experience, our customers will enjoy in-theatre improvements coupled with a very compelling movie slate through the end of the year.”

“With the strong support from our existing investors and real estate partners, Regal is well positioned to invest in growth opportunities with highly accretive investments including brand-new luxury recliners in the United States and digital enhancements for our loyal customers. As we identify theatres for these improvements, we encourage our landlords to also reach out with interest for their respective locations.”

  • Thomas Song, Chief Financial Officer for Regal