Canadian cinema exhibitor Galaxy Entertainment is entering into a strategic alliance with Famous Players and Alliance Atlantis Communications to build new state-of-the-art theatres and refurbish existing complexes in midsize Canadian cities.
‘The continuing expansion of high-quality screens in smaller markets across the country ensures the right kind of play for our releases. Besides offering market support for many of our smaller Canadian films, we believe Galaxy will occupy a unique space in Canada’s film exhibition industry,’ says aac head Michael MacMillan, in a statement.
Galaxy, which plans to build 20 new complexes across Canada in the next 30 months, is majority owned by a partnership that includes Onex Corporation and film industry execs such as Robert Lantos and Ellis Jacob, former ceo of Cineplex Odeon and current ceo of Galaxy.