Friday, December 19, 2014

Anschutz one of first to cave to North Koreans over The Interview

Posted By on Fri, Dec 19, 2014 at 4:05 PM

click to enlarge regal-cinemas_130404103840.jpg

The Daily Beast brings word, today, that Regal Entertainment Group was one of the first movie-theater chains to cave to North Korean demands that The Interview not be screened. Regal, like almost everything else in this city, including The Gazette, is owned by Denver billionaire Philip Anschutz.

It's not the most detailed post, and the sourcing is anonymous, but here's the gist:
Regal Entertainment Group is the biggest and most geographically diverse theater company in the country. It operates over 7,000 screens all over America. Industry sources with knowledge of the situation tell The Daily Beast that Regal and AMC Theatres were the “”first dominos to fall” in the top-five theater circuits, essentially sealing the fate of The Interview. ...

This “collapse” started on Tuesday when Carmike Cinemas announced their decision to drop The Interview from its 278 theaters, several other major theater chains followed suit the next day, which caused Sony to ditch the planned Christmas Day release. The combined action set a very dangerous precedent — all because of pro-North Korean hackers’ threats that the Department of Homeland Security has said are not credible.

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