Cineplex Reports Strong 2024 Fourth Quarter Results
Today, Cineplex released its financial results for the three months and year ended December 31, 2024. Unless otherwise specified, all amounts contained in this article are in Canadian dollars.
Today, Cineplex released its financial results for the three months and year ended December 31, 2024. Unless otherwise specified, all amounts contained in this article are in Canadian dollars.
CinemaWest and Continental Development Corporation have announced that CinemaWest Beach Cities, a luxury movie theatre in El Segundo, will officially open its doors on February 13, perfectly timed to coincide with the highly anticipated premiere of Captain America: Brave New World. The theatre – replacing the shuttered Arclight Cinemas located in CDC’s Continental Park mixed-used development in El Segundo – was completely reimagined, featuring flagship ScreenX and 4DX auditoriums, an all-new updated opulent interior, reappointed auditoriums retrofitted with luxury recliner seating throughout, and a streamlined online ticket and concession-buying experience.
Val Morgan has unveiled two new cinema advertising group entry packs—Validate and Category Entry Packs — expanding its portfolio of group data and targeting products.
Unique X, a global leader in digital cinema solutions, has renewed its partnership with Reel Cinemas through a new multi-year agreement for advanced cinema software solutions. This milestone reflects more than a decade of collaboration focused on delivering outstanding cinema experiences.
Kartoon Studios has announced that it will partner with Vue Cinemas to debut the world’s first feature-length game show movie, Kartoon Channel’s Gaming Challenge UK. Set to premiere this Easter, the 85-minute cinematic adventure showcases high-energy, family-friendly competitions featuring British children aged nine to 11, playing custom-built levels of Roblox. This unique movie event will hit Vue Cinema locations across the UK and ROI, including London, Manchester, Leeds, Birmingham, Glasgow, Edinburgh, Cardiff, and Dublin, starting April 19.
CJ CGV has reported that it recorded 1.9579 trillion won (approximately $1.3 million) in revenue and 759 million won in operating profit, an increase of 268 million won (54 percent) compared to the previous year. The growth of ScreenX is accelerating after the COVID-19 pandemic, expanding globally and enhancing profitability, influenced by the growth of the Southeast Asian film markets in Vietnam and Indonesia. The performance of CJ Olive Networks, which was newly integrated last year, also had a positive impact.
Western Australia’s first 4DX auditorium has launched at Event Cinemas Innaloo, providing a cinematic experience that stimulates all five senses.
American Family Insurance has announced a collaboration with Marvel Studios’ Captain America: Brave New World, in theatres this month, to illustrate and showcase the parallels between American Family Insurance’s Red Roofline and Captain America’s iconic shield as trusted emblems of protection.
CinemaNext has completed Benin's first Dolby Atmos-equipped cinema at the prestigious Sofitel Cotonou Marina Hotel & Spa. The groundbreaking installation introduces a premium cinema experience to CanalOlympia's network, which operates cinema and entertainment venues across 12 African countries, all equipped with the latest technology.
India's largest multiplex chain PVR Inox today reported a three-fold increase in third-quarter profit, as a strong line-up of new films attracted movie-goers during the festive period.