The company owned over 28 theaters and 400 movie screens in 6 states along the East Coast.
Its first theater was the Park Terrace in Charlotte, North Carolina.
The theaters usually had upwards of 10 auditoriums, which in some cases, drove older competitors with fewer screens out of business.
[1][2] As a condition of approval of the acquisition, the United States Department of Justice required that Regal sell 4 theaters in the Charlotte and Raleigh, North Carolina markets to Charlotte based Carolina Cinemas (which was bought by Cinemark Theatres in early 2016) to ensure continued competition.
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