The three largest U.S. cinema chains reached terms to show Walt Disney Co.'s "Iron Man 3," settling a revenue-sharing dispute that threatened the first film of the summer movie season.
Regal Entertainment Group, the largest, and No. 2 AMC Entertainment Holdings Inc. were accepting online orders for the May 3 opening of "Iron Man 3," according to the companies.
The No. 3 chain, Cinemark Holdings Inc., also agreed to sell tickets, according to a Disney spokesman. Terms of the agreements weren't disclosed.
With the accords, Disney and the exhibitors avert a potentially costly dispute. The chains had resisted the studio's demand for a bigger share of ticket sales.
"We thank our partners at Disney for working with us to achieve economical terms so we can present our guests with one of the biggest blockbusters of 2013 and solidly kick off the summer movie season," AMC said in a statement.
"Iron Man 3" is projected to be one of the biggest movies of the year, with opening weekend sales of $151 million in the U.S., according to Boxoffice.com. The summer season accounts for about 40 percent of annual domestic cinema sales.