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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

Post by Therealfoxon Sep 06, 2021 11:29am
232 Views
Post# 33816560

Box office success with theater only release

Box office success with theater only release
Current trends are showing that movies released exclusively to theater perform much stronger financially then the hybrid streaming/theaters. Two most recent movies being free guy and shang chi both smashing box office projections. . I predict other studios will follow as all the movies that have been hybrid release have shown lack luster in sales. Studios will always go where the money is. This combined with the vaccine passport will allow a steady recovery to theaters. The recovery process will take sometime i don't expect to see 20$ till 2022
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