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Movies in theaters now regal6/19/2023 In its early years, the Regal featured silent films, well known black musicians of all types of genres-mainly jazz and blue. Owned by a white business association in Chicago, and seating about 3,000 people, the theater was one of the first entertainment complexes available for black audiences, employing black staff members (other than the musical acts). The theater was designed by Levy and Klein and was influenced by the Harlem Savoy Ballroom located in New York City. This theater opened on February 4, 1928, located in “Bronzeville”, at Congress Parkway and State Street. The theater was a prominent entertainment venue for over four decades in Chicago, Illinois. The Regal was a major complex that featured films, dance, music, and comedy. King, Herbie Hancock, Della Reese, Stevie Wonder, Les Paul, Gladys Knight & The Pips, International Sweethearts of Rhythm, Dionne Warwick, James Brown & The Famous Flames, The Isley Brothers, John Coltrane, Dorothy Dandridge, Revella Hughes, Five Stairsteps, Peg Leg Bates, Dave Peyton and Martha and the Vandellas. Other acts to appear at the Regal over the years have included such performers as The Supremes, Wayne Cochran, The Esquires The Temptations, The Four Tops, B.B. Nat "King" Cole, Cab Calloway, Louis Armstrong, Ella Fitzgerald, Sarah Vaughan, Lena Horne, Dinah Washington, Miles Davis, Sammy Davis Jr., Lionel Hampton, Dizzy Gillespie, and Duke Ellington performed frequently at the theater through the 1920s and 1940s. On what for a time was known as the Chitlin' Circuit, the Regal also featured motion pictures and live stage shows. Part of the Balaban and Katz chain, the lavishly decorated venue, with plush carpeting and velvet drapes, featured some of the most celebrated African-American entertainers in America. ![]() It closed in 1968 and was demolished in 1973. The theater was designed by Edward Eichenbaum, and opened in February 1928. CNN Sans ™ & © 2016 Cable News Network.The Regal Theater was a night club, theater, and music venue, popular among African-Americans, located in the Bronzeville neighborhood in Chicago, Illinois. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account It reported another loss, of $294 million, in the six months ending in June 2022. The company lost $2.7 billion in 2020 and another $566 million in 2021. The pandemic forced movie theaters around the globe to close, dealing a devastating blow to Cineworld and others in the industry, and is still affecting visitor numbers. ![]() Last month, Cineworld announced it was closing 39 more movie theaters in the United States. The British company continues to operate its theaters around the world as usual, it reiterated in its statement on Friday. The stock plunged more than 40% in early trading in London. The same would apply to a restructuring “in light of the level of existing debt that is expected to be released under any plan,” it added.Ĭineworld shares have lost nearly 98% of their value over the past two years. “Based on the proposals received to date, it is not expected that any sale transaction will provide any recovery for the holders of the company’s equity interests,” it said. The world’s second-largest movie theater chain - hit hard by the pandemic, like many cinema operators - has been in talks with its “key stakeholders” to develop “a plan of reorganization” that would allow it to emerge from bankruptcy, it said in a statement.Ĭineworld said it had also received a number of non-binding proposals to buy some or all of its business, but none of them involved an all-cash bid for the entire company. Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover any funds from a restructuring or sale of the business.
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