Cineplex reports September 2022 box office results | Techno Glob


The company signs a deal with Netflix for theatrical release The Glass Onion: A Knife Out of Mystery

Toronto, 11 October 2022 /CNW/ – (TSX: CGX) – Today, Cineplex Inc. (“Cineplex” or the “Company”) reported box office earnings for September $23 million, which represents 52 percent of box office revenue compared to the same month in 2019. According to estimates discussed on its second-quarter 2022 earnings call, lower business volumes were expected in August and September due to pandemic-related production delays affecting material supply. . Limited recognition Hollywood Content Through two-thirds of the quarter, the company focused on expanding its international product offering and launched a series of targeted re-engagement campaigns, which saw it account for 70% of box office revenue in Q3 2019 compared to Q3 2022. Make it attainable.

Famous movie performances during the month of September Top Gun: Maverick, Which is still attracting audiences even after 19 yearsth Release week, and Bollywood title, Brahmastra Part One: Shiva, That accounted for 8.1 percent of Cineplex’s total box office and an impressive 24.4 percent North American market share for the month.

“The industry has turned a corner from a film slate point of view. We have many anticipated titles on the big screen this month and the balance of the year. Black Adam, Black Panther: Wakanda Forever, Onion of Glass: A Knife Out Mystery, and Puss in Boots: The Last Wish. at last, wE are looking forward to close the year strong with the release of the much-anticipated film, Avatar: The Path of Waterwhich is the sequel to the highest-grossing film of all time said Alice Jacob, President and CEO, Cineplex. “We are focused on expanding our offerings and building momentum for our business, as evidenced in attracting large Canadian audiences through partnerships with non-traditional studios and international cinema success.”

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2019 Box Office (i)

2022 Box Office (i)

2022 as a percentage of 2019

July

$76,935

$65,618

85%

August

$56,537

$36,060

64%

September

$44,393

$23,021

52 percent

Q3 2022 TOTAL

$177,865

$124,700

70 percent

(i) Balances are in thousands of dollars.

The Glass Onion: A Knife Out of Mystery It will be screened in 40 Cineplex theaters worldwide Canada from November 23-29, 2022. Tickets will be available at Cineplex.com, the Cineplex app and local box offices October 14, 2022.

About Cineplex

Cineplex (TSX:CGX) is a premium Canadian brand operating in the film entertainment and content, entertainment and entertainment, and media sectors. Cineplex offers a unique daily escape to millions of guests through a circuit of more than 170 movie theaters and location-based entertainment venues. In addition to being of Canada The largest and most innovative film exhibitor, the company operates of Canada A favorite destination for ‘Eats & Entertainment’ (The Rec Room) and a complex specially designed for youth and families (Playdium). It also operates successful businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), cinema media (Cineplex Media), digital location-based media (Cineplex Digital Media) and entertainment solutions (Player One Amusement Group). Providing even more value to its guests, Cineplex partners with Scene+, of Canada The largest entertainment and lifestyle loyalty program.

Proudly known for having one of the most popular corporate cultures in the country, Cineplex employs more than 10,000 people in its offices and locations. Canada And the united states. To learn more, visit Cineplex.com.

Source Cineplex

For more information: Investor Relations Contact: Mehsa Rizli, Executive Director, Corporate Development and Investor Relations; [email protected]; Media Relations Contact: Sarah Van Lange, Vice President, Communications, Content and Social Media; [email protected]



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