Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cineplex Inc T.CGX

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

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 May 20, 2021 9:07am
130 Views
Post# 33236624

RE:Moving day

RE:Moving day

Today on MSN:
With most of Canada's movie theatres still closed under COVID-19 restrictions, the head of Cineplex Inc. says federal and provincial leaders need to draft a better plan to help the industry.  
Cineplex CEO Ellis Jacob says one of his most immediate concerns is the inconsistency playing out in Ontario and Quebec, two neighbouring provinces that are taking divergent approaches.  Quebec is already leaps ahead of the rest of Canada. The majority of its movie houses are open and audience capacity limits far exceed what will likely be allowed elsewhere.  The province has also injected $3.9 million into Quebec-owned movie theatres for the 2021-22 financial year. None of that money goes to Cineplex since it's not based in the province.  In Ontario, support for movie theatres is far more tepid.  Stay-at-home orders are in effect until June 2 and there's virtually no clarity around when cinemas might be allowed to open their doors under limited capacity restrictions.  Jacob said federal leaders were fast to speak about preserving Cineplex from foreign investment less than two years ago when U.K.-based giant Cineworld planned to acquire the business. He'd like to see them keep that enthusiasm for cinemas in the pandemic.

<< Previous
Bullboard Posts
Next >>