This statistic contains data on the average ticket prices at Regal Cinemas. Regal Cinemas is the largest movie theater circuit in the United States with more than 7,300 screens in 560 locations across the country (as of December 2017). In 2017, the average ticket price at Regal movie theaters was 10.20 U.S. dollars.
Regal Entertainment Group - additional information
The mass market success of the VCR starting in the mid 1970s, followed by the introduction of DVDs and the recent popularity of on-demand Internet streaming media services, such as Netflix, has changed the movie theater industry around the world. In the United States, many movie theater chains have gone bankrupt in the past decade, but the industry is constantly revamping itself with competitive ticket prices, better concession foods and newer technologies. As of 2016, there are more than 40 thousand cinema screens throughout the country, out of which over 15 thousand are Digital 3D and only 869 remain analog.
With over seven thousand screens in almost 600 locations, Regal Entertainment Group (REG) is the largest movie theater chain in North America. The company was founded in 2002, when Philip Anschutz, one of the richest Americans and one of the most successful investors in the world, became majority owner of three large, but bankrupt, cinema chains: Regal Cinemas, United Artists Theaters and Edwards Theaters. In the following years, REG acquired a number of smaller regional or national theater chains, such as Eastern Federal, Signature Theatres, Hoyts Cinemas, Consolidated Theatres or Hollywood Theaters. While Regal, United Artists, and Edwards were able to retain their name and brand within their new parent-company, most of the smaller ones have been rebranded as Regal Cinemas throughout the United States.
Attendance at REG cinema theaters has been slightly dropping in the past years, from 247 million tickets sold in 2006 to only 196.9 million sold in 2017, while the company’s ticket prices have increased. As of 2017, Regal’s movie ticket prices have reached an average of 10.2 U.S. dollars (more than the national average) and the reported annual revenues for the group amounted to 3.16 billion U.S. dollars, some 500 million dollars more than in 2007.
Average ticket price at Regal cinemas from 2006 to 2017
(in U.S. dollars)
Regal Entertainment was acquired by Cineworld Group plc in February 2018, and as such all figures on Regal are now included within Cineworld's reporting.
Figures other than for 2016 and 2017 come from Regal Entertainment Group's earlier financial releases.
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Regal Entertainment Group. (March 1, 2018). Average ticket price at Regal cinemas from 2006 to 2017 (in U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2022, from https://www.statista.com/statistics/206947/average-ticket-price-at-regal-cinemas/
Regal Entertainment Group. "Average ticket price at Regal cinemas from 2006 to 2017 (in U.S. dollars)." Chart. March 1, 2018. Statista. Accessed October 06, 2022. https://www.statista.com/statistics/206947/average-ticket-price-at-regal-cinemas/
Regal Entertainment Group. (2018). Average ticket price at Regal cinemas from 2006 to 2017 (in U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2022. https://www.statista.com/statistics/206947/average-ticket-price-at-regal-cinemas/
Regal Entertainment Group. "Average Ticket Price at Regal Cinemas from 2006 to 2017 (in U.S. Dollars)." Statista, Statista Inc., 1 Mar 2018, https://www.statista.com/statistics/206947/average-ticket-price-at-regal-cinemas/
Regal Entertainment Group, Average ticket price at Regal cinemas from 2006 to 2017 (in U.S. dollars) Statista, https://www.statista.com/statistics/206947/average-ticket-price-at-regal-cinemas/ (last visited October 06, 2022)