Who owns cineplex in Canada?

Who owns cineplex in Canada?

Who owns cineplex in Canada?

Cineplex Odeon Corporation

Logo used by Cineplex for Cineplex Odeon
Formerly Cineplex Corporation Cineplex Odeon Corporation Loews Cineplex Entertainment Corporation of Canada
Parent MCA Inc./Universal Studios (1986–1998) Loews Cineplex Entertainment (1998–2003) Cineplex Entertainment (2003–present)

How many cineplex theatres are there in Ontario?

160
Cineplex Entertainment

Formerly Galaxy Entertainment (1999-2003) Cineplex Galaxy Income Fund (2003-2011) Cineplex Galaxy (2003-2005)
Headquarters 1303 Yonge Street Toronto, Ontario M4T 2Y9
Number of locations Theatres: 160 Screens: 1,652
Area served Canada
Products Movie theaters Restaurants Arcades

How much is a movie ticket in Ontario?

Cineplex Ticket Prices

AGE TICKET PRICE
Children (ages 3-13) $7.99 – $8.99
Adults (ages 14 & up) $10.99 – $12.99
Seniors (ages 65+) $8.50 – $10.50
Movies (Tuesday)

What does cineplex stand for?

A cineplex is a multiplex, a movie theatre with several screens, coming from the words cinema and complex. Cineplex most commonly refers to: Cineplex Entertainment, a Canadian entertainment company based in Toronto, Ontario.

Does Cineworld own Cineplex?

INTRODUCTION [1] In December 2019, Cineworld Group plc (“Cineworld”) agreed to acquire the shares of Cineplex Inc. (“Cineplex”) for a transaction value of approximately $2.8 billion. The deal was scheduled to close no later than June 30, 2020.

Is Cineplex a good place to work?

Is Cineplex a good company to work for? Cineplex has an overall rating of 3.8 out of 5, based on over 59 reviews left anonymously by employees. 69% of employees would recommend working at Cineplex to a friend and 55% have a positive outlook for the business. This rating has improved by 8% over the last 12 months.

Is Landmark cinemas owned by Cineplex?

Landmark is the second-largest cinema chain in Canada after Cineplex. It was acquired by Belgian company Kinepolis in 2017 for $123 million….Landmark Cinemas.

Type Subsidiary
Owner Kinepolis Group
Number of employees approx. 2500
Subsidiaries Landmark Cinemas Canada LP
Website landmarkcinemas.com

What makes Cineplex unique?

It offers a unique escape through its theatres and entertainment venues, and is a joint venture partner in Scene+, Canada’s largest entertainment loyalty program. It also runs successful businesses in digital commerce, food service, cinema media, digital place-based media and amusement solutions.

Why did Cineplex sue Cineworld?

The case centered on a deal in which Cineworld was to have acquired Canadian exhibitor Cineplex. The Ontario Superior Court of Justice has now ruled that Cineworld “repudiated the transaction to acquire Cineplex.” As a result, Cineplex won damages for breach of contract to the tune of $1.24 billion Canadian.

Who is buying Cineplex?

Cineworld
The Toronto-based movie giant Cineplex Entertainment Inc. was recently sold to a U.K.-based company called Cineworld in a “friendly takeover deal”. Cineplex sold for $2.8 billion, and Cineworld will take on their debt in the newly acquired deal, stripping the company of its pure Canadian status.