Cineplex Entertainment Announces Second Cinema in Barrie
October 15 2012 - 7:00AM
Marketwired
Cineplex Entertainment (TSX:CGX) today announced plans to build a
second cinema in Barrie, Ontario. The 31,000 square foot Galaxy
Cinemas North Barrie will feature eight screens and 1,600 seats -
and include Barrie's first UltraAVX(TM) auditorium.
The cinema will be located at Highway 400 and Duckworth Street,
as part of the North Barrie Crossing Shopping Centre development.
It is expected to open in late 2014.
"Galaxy Cinemas North Barrie will complement our existing cinema
in the south end of the city," said Ellis Jacob, President and
Chief Executive Officer, Cineplex Entertainment. "The combination
of an avid movie-going public and the continued growth of the
community make north Barrie a perfect fit for this cinema."
Galaxy Cinemas North Barrie will feature fully digital
projection, and RealD 3D technology.
Guests attending a movie in an UltraAVX(TM) auditorium will be
treated to a wall-to-wall screen, superb 7.1 Dolby digital surround
sound, extra wide high-back rocker seats and reserved seating.
"Cineplex Entertainment is one of Canada's top retail traffic
drivers and an anchor tenant for North Barrie Crossing Shopping
Centre," said Leger Xavier, Vice President, Development and
Leasing, PenEquity Realty Corporation, on behalf of the shopping
centre owners. "We look forward to welcoming Canada's largest and
most successful theatre operator to the north Barrie
community."
Construction of Galaxy Cinemas North Barrie is expected to begin
in early 2014.
About UltraAVX(TM)
UltraAVX(TM) provides guests with the sharpest picture, a
powerful digital surround sound system and reserved seating,
delivering a truly immersive movie-going experience. UltraAVX(TM)
features wall-to-wall screens that are significantly larger on
average than our traditional screens. Christie Solaria(TM) Series
4230 DLP Cinema® projectors provide a superior digital
presentation, projecting super bright, crystal clear images onto
the big screen.
The system is further enhanced with the addition of RealD 3D
technology, enabling the presentation of the latest 3D movies.
Complementing the stunning on-screen picture from these new 4K
projectors is a superb 7.1 Dolby digital surround sound system that
envelops the audience and takes the cinema experience to a whole
new level. Guests will enjoy the super comfy high-back rocker
seats. Because all seats are reserved, guests can select the
specific seat(s) they want in the auditorium when they purchase
their tickets.
About Cineplex Entertainment:
Cineplex Inc. ("Cineplex") is one of Canada's leading
entertainment companies and operates one of the most modern and
fully digitized motion picture theatre circuits in the world. A
top-tier Canadian brand, Cineplex operates numerous businesses
including theatrical exhibition, food services, gaming, alternative
programming (Front Row Centre Events), Cineplex Media, Cineplex
Digital Solutions and the online sale of home entertainment content
through CineplexStore.com and on apps embedded in various
electronic devices. Cineplex is also a joint venture partner in
SCENE - Canada's largest entertainment loyalty program.
Cineplex is headquartered in Toronto, Canada, and operates 133
theatres with 1,438 screens from British Columbia to Quebec,
serving approximately 70 million guests annually through the
following theatre brands: Cineplex Odeon, SilverCity, Galaxy
Cinemas, Colossus, Coliseum, Scotiabank Theatres, Cineplex VIP
Cinemas, Famous Players and Cinema City. Cineplex also owns and
operates the UltraAVX, Poptopia, and Outtakes brands. Cineplex
trades on the Toronto Stock Exchange under the symbol CGX. More
information is available at www.cineplex.com.
Contacts: For information, interviews or photos: Cineplex
Entertainment Pat Marshall Vice President, Communications and
Investor Relations 416-323-6648pat.marshall@cineplex.com Cineplex
Entertainment Mike Langdon Director, Communications
416-323-6728mike.langdon@cineplex.com www.cineplex.com
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