United artist theater commerce In 1984, the company was sold to Australian media tycoon Rupert Murdoch's News Corporation. Under News Corp's ownership, United Artists Theatres underwent a series of mergers and acquisitions, eventually becoming part of the Regal Entertainment Group in 2002. Regal Entertainment Group, which also owned Regal Cinemas and Edwards Theatres, became the largest movie theater chain in the United States. However, in 2017, Regal was acquired by the British conglomerate Cineworld Group, creating the world's second-largest cinema chain. Despite the various changes in ownership and structure, the United Artists brand remained a significant presence in the movie theater industry. In 2017, Cineworld announced plans to renovate and rebrand several of its theaters as United Artists Cinemas, emphasizing luxury seating, advanced technology, and premium food and beverage offerings. In addition to its theatrical exhibition business, United Artists also ventured into film production and distribution. The company's most notable successes in this area include the James Bond franchise, which it acquired in 1962, and the Rocky franchise, which it distributed in the late 1970s and early 1980s. United Artists' impact on the movie theater industry is undeniable. The company's commitment to providing high-quality film experiences and its willingness to innovate and adapt to changing consumer preferences helped shape the modern cinema landscape. Today, the United Artists brand continues to be a symbol of excellence in motion picture exhibition, representing a legacy of artistic freedom, entrepreneurial spirit, and cinematic excellence. United Artists Theatre Circuit, also known as United Artists Theatres or UA Theatres, was a prominent player in the motion picture exhibition industry. The company was founded in 1924 by a group of Hollywood legends, including Charlie Chaplin, Mary Pickford, Douglas Fairbanks, and D.W. Griffith, as a means to distribute and exhibit their own films independently. Downingtown Rite Aid is a retail pharmacy store located in Downingtown, Pennsylvania. It is a part of the Rite Aid Corporation, which is one of the largest drugstore chains in the United States. Rite Aid operates over 2,400 stores across 18 states in the country, with a significant presence in the northeastern region. In 1984, the company was sold to Australian media tycoon Rupert Murdoch's News Corporation. Under News Corp's ownership, United Artists Theatres underwent a series of mergers and acquisitions, eventually becoming part of the Regal Entertainment Group in 2002. Regal Entertainment Group, which also owned Regal Cinemas and Edwards Theatres, became the largest movie theater chain in the United States. However, in 2017, Regal was acquired by the British conglomerate Cineworld Group, creating the world's second-largest cinema chain.