KNOXVILLE, Tenn.,-- Regal Entertainment Group ("Regal") (NYSE: RGC), announced today that its indirect wholly-owned subsidiary, Regal Cinemas Corporation (the "Company"), plans to offer $250 million aggregate principal amount of its 8.625% senior notes due 2019 (the "Notes"). The Notes will be guaranteed by Regal and all of the Company's subsidiaries that guarantee the Company's existing credit facility. The Company anticipates that the offering will close on May 17, 2010, subject to customary closing conditions. The Company intends to use all of the net proceeds of the offering, together with the proceeds of a new senior credit facility that the Company intends to enter into concurrently with closing of the notes offering, (i) to repay all of the outstanding obligations under its existing senior credit facility, (ii) to repurchase all of the Company's outstanding 9.375% senior subordinated notes due 2012, (iii) to pay fees and expenses related to the offering and the new senior credit facility, and (iv) for general corporate purposes, which may include the repayment or repurchase of other indebtedness.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a prospectus and any prospectus supplements thereto.

Forward-looking Statements

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements included herein, other than statements of historical fact, may constitute forward-looking statements, including statements concerning the proposed offering of the Notes and the anticipated use of the net proceeds from such offering. Although Regal believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from Regal's expectations are disclosed in the risk factors contained in Regal's 2009 Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 1, 2010. All forward-looking statements are expressly qualified in their entirety by such factors.

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Source: Forces of Geek

Despite director Matthew Vaughn signing to direct the highly-anticipated X-Men: First Class yesterday (read BoxOffice.com's news story here), comic book writer Mark Millar has claimed in a press release that Kick-Ass 2: Balls to the Wall is scheduled for 2012.

In the announcement (which is designed to promote a "first-look" at Kick-Ass 2 in the first issue of a UK magazine called CLiNT), Millar says that a sequel has already been lined up to film in 2011, with a release date in 2012. This is theoretically possible, if Vaughn shoots Kick-Ass 2 right after First Class, but the first film's somewhat underwhelming box office (currently standing at $42.2 million) and the current lack of a screenplay stand in the way.

Until further confirmation is made, any news on Kick-Ass 2 should be taken with a grain of salt, although cast and crew alike have all stated their interest in making a sequel. Meanwhile, Millar is hard at work on a comic book sequel, which will also be titled Kick-Ass: Balls to the Wall, and is expected to hit stores in 2011.

You can also read Boxoffice's interview with Kick-Ass star Christopher Mintz-Plasse here.

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Source: Ain't It Cool News

For what is essentially a tongue-in-cheek action film, Machete boasts one of the most interesting casts of the year. Rodriguez has assembled Danny Trejo, Michelle Rodriguez, Jessica Alba, Robert De Niro, Lindsay Lohan, Cheech Marin and even Steven Seagal.

The first trailer for the film is a special "illegal" version of the trailer prepared by Robert Rodriguez to address the current battle over immigration laws in Arizona, as well as to celebrate Cinco de Mayo.

Click on the image below to watch the NSFW trailer over at Ain't It Cool News.

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Total tweets for May 7th Openers

upcoming050710.jpgIron Man 2 came in on Tuesday with 22,186 tweets, or 49.4% of all buzz on Twitter for wide-release films opening in the next 4 months. By comparison, The Twilight Saga: New Moon had 65,919 tweets its Tuesday before release, and Alice In Wonderland had 14,449. In addition, its positive/negative ratio was consistent with yesterday's numbers (22.53% positive / 4.54% negative). Well this number officially proves that my early week estimates were too high. The number and percentage is still very impressive but its overseas opening had more of an impact over its tweet expansion than I had envisioned. I'm going to have to revise my numbers downwards to 110,000 - 120,000 tweets for the week, but really after today it will be a much more solid estimate. Perhaps I also overshot the ratio by assuming a much more expansive tweet count and spam totals. In retrospect maybe a ratio more in line with Kick Ass and its 1,420 will be in store. I would expect something north of that though since this film will attract more women and generally a wider demographic. Whatever it ends up being it will be a great yardstick for other Summer action openers.

Check back tomorrow to see the Wednesday numbers and more comparisons. Follow @AlexBOXOFFICE on Twitter for additional updates.

Twitter tracking history. (For 2009's ratio history please check here.)

alltweets043010.jpgThe ratio is the number of tweets per $1 million of Friday Box Office gross. A film with 1,000 tweets and a $10 million Friday would therefore have a ratio of 100. In general, films that appeal to very young or older audiences have lower ratios since those audiences are not big users of Twitter. By comparison, films that appeal to younger audiences (18-35) have much higher ratios since those audiences are much more active users of Twitter.

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Source: THR's Risky Business Blog

20th Century Fox, apparently pleased with the $378 million worldwide grosses of 2007's Live Free or Die Hard, has hired writer Skip Woods to script a fifth film in the franchise.

During junkets for Cop Out, star Bruce Willis suggested that a fifth film needed to "go international", but there are no indications of what else the story might entail. Woods has written several major projects for the studio, including X-Men Origins: Wolverine, and the upcoming big-screen version of The A-Team.

No word on when the new Die Hard might hit theaters, or whether the film will keep the PG-13 rating of the previous installment vs. the R ratings of the first three (a decision which caused a commotion on the internet), but at the same junket, Willis also expressed interest in making the movie within "the next year", suggesting a summer 2012 release date.

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