Regal Entertainment Group Offers Speed Racer: The IMAX Experience at 18 Locations and HK Disney makes bid to increase visitors
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City of Industry, CA --(www.USEquityNews.com)-- 04/28/2008 - Media entertainment industry alert provided by U.S. Equity News. Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, recently announced that tickets are on sale for Speed Racer: The IMAX Experience. The movie opens Friday, May 9 with a special midnight show at a total of 18 Regal Entertainment Group IMAX(R) theatres across the country. "Regal Entertainment Group is proud to offer yet another new IMAX entertainment experience to our moviegoers. Speed Racer is sure to be an exciting adventure made even more thrilling on the enormous IMAX screen," stated Dick Westerling, Senior Vice President of Marketing and Advertising for Regal Entertainment Group.
Time Warner Inc. (NYSE: TWX) declared a regular dividend of 6.25 cents on Thursday. The dividend is payable June 15 to shareholders on May 31. The annual dividend of 25 cents represents a dividend yield of 1.66 percent.
Hong Kong Disneyland has opened the classic boat ride "It's a Small World" in a bid to boost sluggish attendance at the theme park. The new attraction launched Monday amid lower-than-expected visitor numbers two years after the theme park opened in September 2005. The ride, which first appeared at the 1964 World Fair in New York, will feature 38 Disney characters and 241 moving and talking figures of children dressed in different national costumes. They sing a theme song in four new languages -- Cantonese, Putonghua, Korean and Tagalog.
EPIC Corporation (OTC: EPIO) (the "Company"), a multi-media communications and broadcasting company, announced that two shareholders have returned 15 Million shares of EPIC's common stock to the Company and the shares have been cancelled and returned to authorized but unissued shares. The issued and outstanding shares of the Company is now 11,262,023 shares. The Company, in exchange for the cancellation of the shares, agreed to issue the shareholders shares in the newly formed EPIC Communications Corp., a majority owned subsidiary of the Company, which is to become the multi-media communications and broadcasting operating company.
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