Movie theater operator Regal Entertainment Group Inc. received good play recently in a pair of national business magazines.
Forbes named Regal CEO Amy Miles one of the magazine’s “Power Women in the Wings,” a diverse list of up and coming women executives from around the world.
It’s an interesting group that includes, among others, Olympic skier Lindsey Vonn, Academy Award winning director Kathryn Bigelow, Chanel CEO Maureen Chiquet and Wei Christianson, managing director and chief executive of Morgan Stanley China.
The “wings” list is a sidebar to the main story on the 100 most powerful women in the world. That list is headed by First Lady Michelle Obama.
The second national mention for Knoxville-based Regal is a story in Barron’s that says Regal has good growth prospects despite concern that Hollywood will shorten the time between a movie’s release on the big screen and its premier on television, a move that could threaten box office revenue.
“But any obituary for the theater business is premature. The fact is, Americans — particularly those under 25 — like going to the movies,” Barron’s reports.
Even those over 25 like going to the movies. My wife, Cheryl, and I are frequent movie goers. We saw “Wall Street: Money Never Sleeps” not long ago. Really good movie.