Etiket: Cineplex
Cineplex bets on arcades to return to profits
(Toronto) Cineplex management is doubling its efforts in the arcade sector as the company seeks to increase revenues amid an unstable return of audiences to movie theaters. Updated yesterday at…
Cineplex bets on arcades to return to profits
Cineplex management is doubling its efforts in the arcade sector. The company seeks to increase its revenues amid an uncertain return of audiences to cinemas Box office revenue for Canada’s…
Cineplex posts revenue increase in March compared to last year
(Toronto) Cineplex says its March box office revenues were up 46% from last year, thanks to Dune: part two And Kung Fu Panda 4. Posted at 11:17 a.m. The company…
Cineplex | Online reservation fees before the Competition Tribunal
(Ottawa) Cineplex practices harmful “drip pricing” with its online reservation fees, and moviegoers have no way to avoid them, Canada’s competition commissioner has argued. Published yesterday at 3:25 p.m. Anja…
Cineplex raked in nearly $40 million from online booking fees
Cineplex raked in nearly $40 million from online booking fees, at the heart of allegations of deceptive marketing practices that the country’s competition commissioner has leveled against the cinema chain.…
Cineplex posts a loss in a quarter marked by strikes
(Toronto) Taylor Swift drew large audiences to movie theaters around the world in late 2023, but that wasn’t enough to prevent Canada’s largest theater chain from posting a loss during…
Cineplex Completes Sale of Player One Amusement Group to OpenGate Capital
(Toronto) Cineplex confirms that the sale of Player One Amusement Group has been finalized. Posted at 11:02 p.m. The movie theater chain announced in November the sale of its arcade…
Cineplex sells Player One Amusement Group for 155 million to OpenGate Capital
(Toronto) Cineplex has signed an agreement to sell its Player One Amusement Group business to US private equity firm OpenGate Capital for $155 million in cash. Posted at 11:04 a.m.…
Cineplex in the sights of the Competition Bureau
(Toronto) Canada’s competition commissioner won’t budge: the country’s largest movie theater chain is using “deceptive marketing practices” to sell some tickets. Posted at 4:23 p.m. Tara Deschamps The Canadian Press…
Competition Bureau stands by misleading pricing allegations against Cineplex
Canada’s competition commissioner doesn’t budge: the country’s largest movie theater chain uses “deceptive marketing practices” to sell certain tickets. In a reply filed last week with the Competition Tribunal, Matthew…
Cineplex revenue returns to pre-pandemic level
(Toronto) Cineplex says box office receipts in June were $56 million, representing 98% of box office receipts in the similar period in 2019. Posted at 8:50 p.m. President and CEO…
Misleading commercial practice | Cineplex requests the discontinuance of a procedure initiated by the Competition Bureau
(Toronto) Cineplex says a case recently filed by the Competition Bureau against the movie theater chain should be dropped because it relies on “characteristic error.” Posted yesterday at 3:31 p.m.…
Competition Bureau sues Cineplex, alleging predatory pricing
The Competition Bureau is suing Cineplex for allegedly advertising misleading ticket prices, the agency said Thursday. The Bureau alleged in a press release that Cineplex is breaking the law by…
Misleading ticket prices | Competition Bureau sues Cineplex
(OTTAWA) The Competition Bureau is suing Cineplex for allegedly advertising misleading ticket prices, the agency said Thursday. Posted at 8:39 p.m. Updated at 8:39 p.m. The Bureau alleged in a…
1st quarter | Cineplex cut its loss and revenue soared nearly 50%
(Toronto) Cineplex saw its first-quarter loss narrow from the same period last year, while its revenues rose nearly 50%. Posted at 11:30 a.m. The movie theater operator posted a loss…
Cineplex posts a profit of 30.9 million for its third quarter
(Toronto) Cineplex posted a profit for its third quarter on Thursday, compared with a loss for the same period last year, as its revenues and attendance at its theaters both…
First quarter | Cineplex losses cut in half, compared to last year
(Toronto) Canadians are returning to theaters after more than two years of COVID-19 health restrictions, driving increased revenue for the country’s largest theater chain. Updated yesterday at 4:02 p.m. Tara…
Cineplex reduced its loss in the 4th quarter thanks to the return of moviegoers
(Toronto) A ban on popcorn in Ontario and shutdowns in Quebec hampered the recovery of the country’s largest movie theater operator, Cineplex, over the Christmas holidays, even when Spiderman was…
Cineworld case | Cineplex seeks further damages
(Toronto) Cineplex has filed a cross-appeal seeking higher alternative damages if a court overturns a decision that forced Cineworld, a former suitor for the movie theater company, to pay it…
Cineplex seeks further damages in Cineworld case
(Toronto) Cineplex has filed a cross-appeal seeking alternative damages if a court overturns a decision that forced Cineworld, a former suitor for the movie theater company, to pay it $1.24…