IBJNews

AMC sells Greenwood theater to Regal Entertainment

Back to TopCommentsE-mailPrintBookmark and Share

Regal Entertainment Group has acquired Greenwood Park 14 in Indiana from AMC Entertainment Holdings Inc. along with eight other movie theaters in Illinois and Colorado.

Financial terms of the sale were not disclosed, but Knoxville, Tenn.-based Regal swapped cash and two theaters in exchange for the AMC properties.

AMC was ordered by the U.S. Justice Department to divest the properties in order to proceed with its $275 million deal to buy 93 theaters operated by Chicago-based Kerasotes Showplace Theatres.

Kansas City-based AMC , the second-largest U.S. movie theater owner, still must divest AMC Castleton Square 14 or Kerasotes Showplace 12 Glendale Town on the north side of Indianapolis to comply with Justice Department requirements.

Regal is the largest motion picture exhibitor in the world, with more than 6,700 screens in 38 states operating under the names of Regal Cinemas, United Artists Theatres and Edwards Theatres. The company already has six theaters in Indiana, including five in the Indianapolis area.

ADVERTISEMENT

  • regal
    this is a kid unfriendly place, cost high, nokids drinks, popcorn size.get real in the times we are living. i now drive out of my way to canary creek in franklin, they have clean and kids friendly place. boo, on regal five star BAD RATING
  • bad popcorn!!!
    We go to the Movies about 1-2 times a week...I Love Movies!!! I will miss Kerasotes popcorn!!! AMC pop's their popcorn somewhere else and ships it to the theatre via "plastic bag". Kerasotes popcorn was always popped fresh and was great!!! We live about 2 minutes from AMC Greenwood and always drove the 20 minutes to Kerasotes Theatre because of the seats and popcorn. I will try out the "New" Regal Theatre (bought from AMC Greenwood)and see if the popcorn is good. I know with AMC moving into the Kerasotes location they will change to the "BAD" popcorn. :( If Regal Greenwood popcorn isn't good, then we will just have to drive 40 minutes to the Rave Theatre in Plainfield, they have great popcorn like Kerasotes!!! New AMC slogan..."If you can't beat them...buy them out."
  • Confused
    I remember getting free refills on popcorn and drinks at AMC and we never buy the largest popcorn....
  • Cautiously Optimistic
    I knew this was going to happen. I just hope they do some sound upgrades to Showplace 16. While it has always been my preferred theater, it sometimes seems pretty muddled.

    Considering how many calories are in popcorn and the accompanying "buttery" topping, I don't think unlimited refills going away is a bad thing. I've never understood anyone who would get up from a movie they paid $9 for to go get a refill anyway. If anything, I'm going to miss the White Cheddar topping that Kerasotes has started to offer.

    As a $5 club member, I've gotten a questionnaire on how they should proceed. Maybe it will turn out.
  • Yep, goodbye little sheba!
    I am afraid that refills for any size popcorn and drink are going the way of little Sheba. Large size refills only, just like every other theater chain in town. Also, the $5 buck club will be a sorely missed perk for frequent movie watchers. Kerasotes, we will miss you, but your convenient locations will still demand our attention, regardless of the name on the building. It just won't be the same though.
  • Will miss Kerasotes
    I will miss Kerasotes, in Indianapolis. The chain seemed family friendly in pricing and refills. I doubt that will continue with the AMC behemoth.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

ADVERTISEMENT