Articles Tagged ‘Cineplex’

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Cineplex revenue down 85% in Q3

Revenue fell to $61 million in Q3, compared with $418.4 million a year ago, but a backlog of tentpole features and the potential of a vaccine is cause for optimism, said CEO Ellis Jacob.

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Cineplex “flexes” new place-based AI solution

The desire to create more contextual ads in-store based on both first- and third-party data drove the development.

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Cineplex responds to temporary cinema closures in Ontario

CEO Ellis Jacob says there has been no evidence of COVID-19 spread at its theatres.

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Cineplex reopens all Canadian theatres

Following the release of The SpongeBob Movie and Unhinged last week, Tenet lands in Cineplex theatres Aug. 27, a week ahead of the U.S.

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Cineworld, home streaming and more: the takeaways from Cineplex’s Q2

Prinicipal Ellis Jacob weighed in on shortening the theatrical window, Disney’s decision to go digital with Mulan and provided an update on the Cineworld lawsuit.

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Cineplex revenue plummets 95% as cinema closures hit Q2

While the exhibitor made efforts to curtail costs, it said it has experienced a cash burn of approximately $18 million per month since the onset of the pandemic.

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Cineplex lays off 130, says it won’t immediately reopen in Ontario

The positions affected will come partially from senior executive retirements and departures in the coming months.

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Cineplex to explore financing options, asset sales as Q1 revenue tumbles

Following the collapse of its $2.8-billion takeover by Cineworld Group, Cineplex said it is exploring financing options including the sale of assets.

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Spotted! Cineplex brings the movie experience to balconies

While the pandemic has exacerbated VOD trends, the theatre exhibition company wanted to remind Canadians of the magic of a movie experiences.

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Cineplex delays Q1, says Cineworld ‘remains committed’ to deal

The Canadian exhibitor said both parties are working to bring the mega-deal to fruition by June 30.

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Cineplex temporarily lays off thousands of part-time workers

The exhibition giant is also cutting the salaries of its full-timers and executives as it looks to safeguard the long-term stability of its business.

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Cineplex closes locations, provides Cineworld acquisition update

The company’s stock hit a five-year low, even prior to the closure notice.

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Cineplex go-shop ends; Cineworld one step closer to acquiring

Shareholders are prepared to meet on Feb. 11 to vote on the transaction valued at $2.8 billion.

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Cineplex to be acquired by Cineworld Group

The $2.8-billion deal is expected to close in the first half of 2020, giving the company access to “global opportunities” to help it compete.

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Tangerine goes to the movies

The digital bank has partnered with Cineplex to sponsor its discount Tuesdays and offer special perks, reaching young audiences.