Articles Tagged ‘Cineplex’
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.
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.
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.
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.
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.
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.
Cineplex closes locations, provides Cineworld acquisition update
The company’s stock hit a five-year low, even prior to the closure notice.
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.
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.
Tangerine goes to the movies
The digital bank has partnered with Cineplex to sponsor its discount Tuesdays and offer special perks, reaching young audiences.
Cineplex to seek strategic partner for e-sports division
Box office and theatre advertising were on the rise thanks to action-packed blockbusters and family-friendly fare.
Media gets a big boost at Cineplex in Q2
Growth in media is far outpacing growth in other areas for the company, thanks to key place-based installations.
People Moves: Cineplex, Cluep and more
Plus, one of Cue Digital’s leads makes the move to Amazon.
Media sets a record for Cineplex in Q1
Theatre attendance was down, but the exhibition company still saw a slight lift in revenue from pre-show ads.
Cineplex ups D-Box, ScreenX offerings
The premium offerings bring in higher ticket revenues, as well as new ad opportunities for the company.
