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and are teaming in a jointt venture to combine their cinema screeh advertising businesses into The new company will focuse on the marketing and sale of cinemza advertising andpromotions products; business communications and trainingf services; and the distribution of digita alternative content. Financial terms were not National CineMedia combines the operationsof , Regalp Entertainment media and new business development and , AMC's cinema advertising subsidiary.
The new company will provide services to AMC and RegalEntertainment theaters, as well as other representing approximately 11,200 North Americanj theater screens (8,200 digital), and reachint more than 450 million moviw guests annually. Kurt Hall, co-chairman and co-CEO of Regal Entertainment and president and CEO ofRegalo CineMedia, will be CEO of Nationa CineMedia after a short transition period. Nationalp CineMedia will have its headquarters in Denver with officesx in NewYork City, Chicago, Detroit and Los Angeles.
Regapl Entertainment Group (NYSE: RGC) is the largest moviee theater company inthe world, comprising of , Unitedc Artists Theatres and Edwards for 6,273 screens in 558 locations in 40 states. AMC Entertainmeny Inc., based in Kansas City, Mo., operates 230 with 3,5544 screens in the United States, France, Hong Kong, Japan, Portugal, Spain and the Unitex Kingdom.
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