Regal Entertainment Swings to Q1 Loss Amid Weak Box Office

1:20 PM PDT 4/28/2011 by Georg Szalai

CEO Amy Miles says the exhibitor is talking to a number of studios to better understand their premium VOD plans and reiterate its concerns in hope of protecting the theatrical window long-term and ensuring "mutual success."

NEW YORK – Movie theater operator Regal Entertainment Group on Thursday said it swung to a first-quarter loss amid weak box-office results, but the conference call with management put the spotlight on the ongoing debate about premium VOD, which drew a slew of questions.