Regal Entertainment, Carmike, And AMC Should Have A Great Summer

Regal Entertainment Group (RGC) JPMorgan Global TMT Conference May 14, 2013 4:10 PM ET Executives David Ownby – EVP, CFO and Treasurer Analysts Townsend Buckles – JP Morgan Presentation Townsend Buckles – JP Morgan

Kaleb has the bad fortune (maybe) to live in a part of the Midwest where it snowed at the beginning of May this year. The storm was so bad that it led to a power outage, and the power outage led to some businesses closing. While the power was out. In the case of one Office Max, every business around them was bustling with activity while they remained closed.

SAN DIEGO (AP) — Moviegoers at a San Diego theater ducked for cover as officers stormed in during a film screening and shot and critically wounded a gunman hiding in their midst. No one else was hurt in the shooting Saturday inside Reading Cinemas Carmel Mountain in northern San Diego, officer David Stafford said.

Hollywood had a pretty good 2012. Movie attendance rose by around 6%, and theater revenues and average ticket prices both hit all-time highs. Curiously, the numbers also indicate that it was a pretty good year for consumers hoping to get decent value at the movies. How could consumers be paying more than ever, and yet still arguably be getting better value? Well, as Deadline.com and others have reported, the average movie ticket sold for $7.96 in 2012. Yes, that’s an all-time high. But it’s up only a smidge from the 2011 average of $7.93.

Hollywood had a pretty good 2012. Movie attendance rose by around 6%, and theater revenues and average ticket prices both hit all-time highs. Curiously, the numbers also indicate that it was a pretty good year for consumers hoping to get decent value at the movies. How could consumers be paying more than ever, and yet still arguably be getting better value? Well, as Deadline.com and others have reported, the average movie ticket sold for $7.96 in 2012. Yes, that’s an all-time high. But it’s up only a smidge from the 2011 average of $7.93.

By Gordon Hodge:Two positive developments occurred over the weekend for Carmike Cinemas, Inc. (CKEC).

Winter storm Nemo hasn't even come down in full force yet, but its effects are already taking a toll on Hollywood. 

Adam Muller submits:Company Description: Carmike Cinemas (CKEC) is a motion picture exhibitor with theater locations in small to mid-sized communities with populations of fewer than 100,000.