a similar method. Investment firms Kohlberg Kravis Roberts and Hicks, Muse, Tate & Furst announced plans to acquire Regal, then merge it with UA (which would be bought by Hicks, Muse) and Act III (controlled by KKR), with the new company using the Regal Cinemas name. UA eventually dropped out of the merger, but the merger between Regal and Act III went through. As Regal consolidated the three chains, CineMedia began work on a new digital distribution system to provide a new "preshow," replacing the slides and film advertisements with digital content. NBC and Turner Broadcasting were among the first to sign on to provide content for the venture, and the preshow, dubbed "The 2wenty," debuted in February 2003; this pre-film preshow is now known as "Regal FirstLook." The new distribution system was also meant to be used for special events such as concerts. Regal CineMedia merged with AMC Theatres' National Cinema Network in 2005 to form National CineMedia. In effect, this was a takeover of NCN by Regal CineMedia, as Kurt Hall stayed on as CEO and AMC adopted Regal's preshow. Regal owned 50% of the new company before it went public. Since the 2002 formation of REG, it has acquired several smaller chains. It took over the US assets of Hoyts Cinemas in March 2003 and announced the acquisition of San Ramon, California–based Signature Theatres in April 2004. Unlike the merger with UA and Edwards, Regal has rebranded all of these theatres as Regal Cinemas. In April 2005, Eastern Federal, which was a theatre company in the Southeastern United States, was acquired by Regal. In February 2013, Regal agreed to purchase Hollywood Theaters, a nationwide chain of 46 theaters that operated from Portland, Oregon. The sale was closed on April 1, 2013. In May 2017 Regal purchased the $200 million company Warren Theaters based in Wichita, Kansas. The sale included all Warren Theater locations in Wichita KS as well as those in Moore and Broken Arrow OK. The theaters will continue operation under the Warren name. In 2007, REG opened its first all-digital projection theatre in Henderson, Nevada (a suburb of Las Vegas), the Fiesta Henderson Stadium 12. Regal sold Fandango to leading cable company Comcast Corporation in 2007. Regal Entertainment Group completed its acquisition of Consolidated Theatres on May 1, 2008. In the transaction, Regal acquired Consolidated's 28 theaters and 400 screens for $210 million. Consolidated's concentrations