Cineplex Welcomed Over 835,000 Guests to its
Theatres Across the Country
TORONTO, Nov. 14,
2022 /CNW/ - (TSX: CGX) – Cineplex, a leading
entertainment and media company, announced today that it has a new
high watermark for a November film release, with the
record-breaking opening of Black Panther: Wakanda Forever in
its theatres. Welcoming over 835,000 moviegoers to its locations
across Canada from Thursday
through Sunday, this marks Cineplex's highest grossing November
weekend of all time and the second-highest in 2022, driven by the
record-setting opening of Black Panther: Wakanda
Forever.
Further, Cineplex's premium offerings, including UltraAVX, VIP
Cinemas, IMAX, D-BOX, 4DX, ScreenX and Real D 3D, made up 74 per
cent of the film's box office for the Company. Black Panther:
Wakanda Forever is reported to have grossed approximately
$330 million globally and set a
domestic box office record for a film opening during the month of
November, with weekend ticket sales reports of $180 million.
"This record-setting weekend performance demonstrates that
consumer enthusiasm for theatrical moviegoing in Canada and around the world is as strong as
ever," said Ellis Jacob, President
and CEO, Cineplex. "From an attendance perspective, the weekend
represents a 43 per cent increase from 2019 and I want to thank our
partners from Disney and Marvel Studios for delivering such
compelling theatrical content."
About
Cineplex
Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in
the Film Entertainment and Content, Amusement and Leisure, and
Media sectors. Cineplex offers a unique escape from the everyday to
millions of guests through its circuit of over 170 movie theatres
and location-based entertainment venues. In addition to being
Canada's largest and most
innovative film exhibitor, the company operates Canada's favourite destination for 'Eats &
Entertainment' (The Rec Room) and complexes specially designed for
teens and families (Playdium). It also operates successful
businesses in digital commerce (CineplexStore.com), alternative
programming (Cineplex Events), cinema media (Cineplex Media),
digital place-based media (Cineplex Digital Media) and amusement
solutions (Player One Amusement Group). Providing even more value
for its guests, Cineplex is a joint venture partner in SCENE,
Canada's largest entertainment
loyalty program.
Proudly recognized as having one of the country's Most Admired
Corporate Cultures, Cineplex employs over 10,000 people in its
offices and venues across Canada
and the United States. To learn
more, visit Cineplex.com.
SOURCE Cineplex