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Cineplex Inc T.CGX

Alternate Symbol(s):  T.CGX.DB.B | CPXGF

Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats & Entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media) and digital place-based media (Cineplex Digital Media). The Company is a partner in Scene+, Canada's entertainment and lifestyle loyalty program.


TSX:CGX - Post by User

Comment by Schussing56on Mar 22, 2022 8:41am
265 Views
Post# 34533788

RE:Looking forward to doubling my money on CGX.TO

RE:Looking forward to doubling my money on CGX.TOYou may want to do a bit more research. Cineplex’s business model was already being challenged by in-home entertainment companies such as Netflix, even prior to the pandemic. Cineplex has made some adjustments such as in-theatre gaming and a subscription service but, certainly, Netflix, Hulu, Disney, etc. have taken away some of Cineplex’s revenue. On the up side, Batman just gained 2nd spot all-time for opening weekend revenues and, as you say, if Cineworld ever pays up (about 1.25 billion) that could create a nice pop for Cineplex shares.

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