Search results
Sep 13, 2021 · Cineplex reported a $103.7 million loss in its most recent quarter, which came as Canadian cinemas were beginning to reopen. Cineworld, which has 786 theatres across the U.S., Europe and Asia, had an operating loss of $208.9 million in the six months leading up to June 30, 2020 and during the pandemic, hiked the price of theatre tickets by more ...
Dec 15, 2021 · TORONTO — Cineplex Inc. says it has won a court battle against a U.K. theatre giant that was due to purchase the Canadian cinema company before the COVID-19 pandemic struck.
Dec 15, 2021 · Toronto-based Cineplex announced Tuesday evening that the Ontario Superior Court of Justice ruled in its favour in a breach of contract lawsuit against its former suitor Cineworld Group PLC. Judge ...
Sep 13, 2021 · Toronto-based Cineplex is seeking to recoup $2.18 billion in damages from Cineworld after the company walked away from the December 2019 deal amid a strict COVID-19 lockdown in June 2020.
Jun 12, 2020 · Cineworld struck the takeover deal for Cineplex long before COVID-19 had rattled the movie industry. Late last year, it offered to buy the company at $34 per share, a 42 per cent premium on the ...
Jun 21, 2020 · Cineworld scraps $2.8-billion takeover of Canada's Cineplex, setting up legal battle. Cineplex planning tentative reopening of some theatres as of June 26. Those changes have hardly slowed down ...
People also ask
How many Cineplex theatres are reopening in Toronto?
When will Canadian cinemas reopen?
Are Canadian movie theatres ready for a close-up?
What happened to Cineplex & Cineworld?
Is Cineworld giving up?
Does Cineworld have a right to terminate a takeover agreement?
Jul 30, 2020 · Latest Videos. As Toronto gears up to enter Stage 3 of reopening tomorrow, Cineplex has announced that it will be reopening 25 movie theatres across the province including eight in Toronto. While ...
