Canadian entertainment company and movie theater chain
This article is about the movie theatre company formerly known as "Galaxy Entertainment". For the Chinese entertainment group, see Galaxy Entertainment Group. For other topics, see Galaxy (disambiguation).
This article is about the Canadian movie exhibition company. For its pre-2003 predecessor, see Cineplex Odeon Corporation. For other topics, see Cineplex (disambiguation).
"Famous players" redirects here. For other uses, see Famous Players (disambiguation).
Cineplex Inc.
Formerly
Galaxy Entertainment (1999–2003)
Cineplex Galaxy Income Fund (2003–2011)
Cineplex Galaxy (2003–2005)
Company type
Public
Traded as
TSX: CGX
TSX: CGX.DB
S&P/TSX Composite Component
Industry
Film exhibitor
Digital advertising
Predecessors
Loews Cineplex Entertainment (Cineplex Odeon Corporation)
Famous Players
AMC Theatres (4 Canadian locations)
Empire Theatres
Founded
October 4, 1999; 24 years ago (1999-10-04) (Galaxy Entertainment) November 26, 2003; 20 years ago (2003-11-26) (Cineplex-Galaxy)[1]
Founder
Gerry Schwartz, Ellis Jacob and Stephen Brown
Headquarters
1303 Yonge Street
Toronto, Ontario
M4T 2Y9
Number of locations
Theatres: 158 * Screens: 1,637[2]
Area served
Canada
Products
Movie theaters
Restaurants
Arcades
Revenue
CA$656.66 million(2021)[3]
Operating income
–CA$84.29 million(2021)
Net income
–CA$248.72 million(2021)
Total assets
CA$2.11 billion(2021)
Total equity
–CA$219.72 million(2021)
Number of employees
Over 13,000 (2019)[3][4]
Divisions
Cineplex Odeon
Galaxy
Famous Players
SilverCity
Cinema City
Scotiabank Theatre
Cineplex Cinemas
Cineplex VIP Cinemas
Subsidiaries
Cineplex Entertainment LP
Player One Amusement Group Inc.
Famous Players LP
Galaxy Entertainment Inc.
Cineplex Media
Cineplex Digital Media Inc.
Cineplex Pictures
Canadian Digital Cinema Partnership (78.2%)
SCENE LP (50%)
Cineplex Entertainment Corporation
Alliance Cinemas
[5]
Website
www.cineplex.com corp.cineplex.com (corporate)
Footnotes / references [6]
Cineplex Inc. (formerly Cineplex Entertainment and Cineplex Galaxy) is a Canadian operator of movie theater and family entertainment centres, headquartered in Toronto. It is the largest cinema chain in Canada; as of 2019, it operated 165 locations, and accounted for 75% of the domestic box office.[7]
The company was formed in 2003 via the acquisition of Loews Cineplex's Canadian operations (which included the assets of the former Cineplex Odeon chain) by Onex Corporation and Oaktree Capital Management, and its subsequent merger with Onex's Galaxy Entertainment—a chain of cinemas that was established in 1999 by former Cineplex Odeon executives, and operated primarily in smaller markets. The company subsequently acquired Famous Players from National Amusements in 2005, went public in 2011, and acquired Empire Theatres' operations in Atlantic Canada and parts of Ontario in 2013. In December 2019, Cineplex agreed to be acquired by British exhibitor Cineworld Group for $2.8 billion, pending regulatory and shareholder approval, but Cineworld abandoned the sale in June 2020 due to unspecified breaches of the sale terms.
The company operates cinemas across Canada, primarily under the brand Cineplex Cinemas. Some flagship locations operate as Scotiabank Theatre, while some locations use brands carried over from its corporate predecessors (such as Famous Players, SilverCity, Odeon, and Galaxy, although some of them have since been converted to the Cineplex banner). The company also owns family entertainment centres under the brands The Rec Room and Playdium, the rewards loyalty program Scene+, the e-commerce Cineplex Store, film distributor Cineplex Pictures and the digital advertising business Cineplex Media.
^"Investors | FAQ's".
^"Cineplex Inc. 2022 Annual Report" (PDF). Cineplex Corporate. February 6, 2023. p. 7. Retrieved April 17, 2023.
^ ab"CINEPLEX INC. 2021 Annual Report: Management's Discussions and Analysis" (PDF). Cineplex.com. January 12, 2022. p. 33. Retrieved September 18, 2020.
^"Company Profile for Cineplex Galaxy Income Fund (CA;CGX.UN)". Archived from the original on August 30, 2009. Retrieved October 14, 2008.
^"Cineplex Annual Information Form" (PDF). Cineplex. March 31, 2017. p. 4.
^"Cineworld To Acquire Canada's Cineplex In $2.1B Deal, Making Regal North America's Largest Exhibition Circuit". Deadline. December 16, 2019. Retrieved March 11, 2024.
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