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The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
Playdium Fairview Opens Today Next to Cineplex Cinemas Fairview Mall
TORONTO, Dec. 19, 2024 /CNW/ - (TSX: CGX) - Cineplex, Canada's leading entertainment and media company, opens its newest Playdium location today at Toronto's CF Fairview Mall. Located adjacent to Cineplex Cinemas Fairview Mall, Playdium Fairview is the ultimate entertainment destination for families and kids of all ages – all under one roof. Playdium Fairview offers state-of-the-art gaming, spacious party rooms and a variety of fun food options for the whole family.
Cineplex Achieves its Second-Busiest Weekend of 2024 Over the U.S. Thanksgiving Weekend
TORONTO, Dec. 12, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, reported box office revenues of $48.9 million for November 2024, representing 141% of November 2023 and 94% of 2019. Premium experiences accounted for 42.0% of the November box office compared to 36.7% in November 2023.
Experience The Latest Entertainment Destination with Three Action-Packed Levels of Fun, Food, and Entertainment in Downtown Vancouver
TORONTO, Dec. 11, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, will open its Granville Street location of The Rec Room on December 12, 2024, in Vancouver, British Columbia. The venue is Western Canada's flagship location, set to become downtown Vancouver's go-to destination for fun with three floors of endless entertainment, featuring amusement games, mini-golf, augmented reality darts, axe throwing, three dining destinations, private party rooms and live entertainment.
Cineplex Offers More Snacking Value
TORONTO, Nov. 22, 2024 /CNW/ - (TSX: CGX) – Your movie snacking experience just got extended with epic snacks that deserve a sequel! As Canada's leading entertainment and media company, Cineplex is excited to introduce its refill program, providing even more value to your experience while you enjoy your favourite movie snacks. Upgrade to a large popcorn or fountain drink in theatres nationwide to elevate your snacking to new lengths.
The Rec Room and Cineplex Cinemas are opening Monday at Royalmount, becoming Montreal's one-stop destination for entertainment
TORONTO, Nov. 22, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, will open its first location of The Rec Room on Monday November 25 in the province of Quebec, adjacent to a new, premium Cineplex theatre, all part of the Royalmount district in Montréal. The Rec Room offers guests a playground of gaming, dining, live entertainment and the perfect spot for hosting parties or corporate events. Located above The Rec Room Royalmount, is a new Cineplex theatre which includes five auditoriums, each with recliner seating, laser projectors and wall to wall screens, and one with D-BOX recliners.
TORONTO, Nov. 6, 2024 /CNW/ - (TSX: CGX) - Today, Cineplex Inc. ("Cineplex" or the "Company") released its financial results for the three and nine months ended September 30, 2024. Unless otherwise specified, all amounts contained in this news release are in Canadian dollars.
Q3 2024 Highlights:
Reported $395.6 million in revenues, exceeding Q3 2019 revenues of $373.7 millionGenerated adjusted EBITDAaL of $47.5 million from continuing operationsReported net loss from continuing operations of $24.7 million, which was impacted by the provision for the Competition Tribunal's administrative monetary penalty of $39.2 millionDelivered BPP of $13.19 and CPP of $9.85, both all-time quarterly recordsCinema media per patron (CMPP) of $1.37 grew by 10.5% over prior yearDigital Place-Based Media revenues of $13.3 million grew by 40.3% over prior year, due to expanded digital-out-of-home networksCommenced Normal Course Issuer Bid (NCIB) Program
TORONTO, Oct. 24, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, issued the following statement regarding the appeal of the Competition Tribunal's decision:
"Yesterday, we filed a Notice of Appeal, with the Federal Court of Appeal to overturn the Competition Tribunal's recent decision against Cineplex. With the consent of the Competition Bureau, we are bringing a motion to request a stay of the monetary penalty pending completion of the appeal. We have been granted an interim stay of the monetary penalty until our motion is heard by the Federal Court of Appeal.
TORONTO, Oct. 10, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, reported box office revenues of $35.2 million for September 2024, exceeding September 2023 levels by 3%. Cineplex outperformed the North American box office relative to 2019 by nearly 4% despite a tough comparison, as September 2019 was the second highest September ever with the record-breaking title IT Chapter Two.
TORONTO, Oct. 9, 2024 /CNW/ - (TSX: CGX) – Cineplex Inc. today announced that it will release its third quarter 2024 results on Wednesday, November 6, 2024, and host an earnings webcast that morning at 10:00 a.m. ET to discuss the Company's results. Ellis Jacob, President and Chief Executive Officer, together with Gord Nelson, Chief Financial Officer, will host the webcast, which can be accessed as outlined below:
TORONTO, Sept. 23, 2024 /CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media company, issued the following statement in response to the news released by the Competition Tribunal:
"Enhancing our guest experience is at the forefront of what we do and our commitment to Canadian consumers has always been about choice. The online booking fee is an optional, value-added service. It provides moviegoers with the confidence of knowing they have a ticket and an exact seat location before they arrive at a theatre. The fee is presented on our website and app in a clear and prominent manner.
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