Cineplex

image (1)

Setting up for a new growth cycle

Heading into 2020, analysts expected companies to use M&A to improve business; what lessons are still relevant for the post-coronavirus world?

Cineplex pic from MiC

Cineplex temporarily lays off thousands of part-time workers

The exhibition giant is also cutting the salaries of its full-timers and executives as it looks to safeguard the long-term stability of its business amid the COVID-19 crisis. (Unlocked)

cloudbabies

In brief: Cineworld issues layoff notices in the U.K.

Plus: CBC has made access to Curio.ca free, while Kidoodle.TV has acquired new content and more. (Cloudbabies pictured).

Cineplex pic from MiC

Cineplex closes locations, provides Cineworld acquisition update

The company temporarily shuttered all 164 of its nationwide theatres 12 hours ahead of the Province of Ontario declaring a state of emergency.

felix-mooneeram-evlkOfkQ5rE-unsplash

Quebec cinemas close in response to COVID-19 pandemic

Meanwhile, TIFF and Hot Docs temporarily close their venues, while theatre chains Cineplex and Landmark Cinema reduce their seating capacity by 50%.

Cineplex theatre

Cineworld continues with Cineplex deal in face of coronavirus concerns

The U.K. theatre chain maintains deal will close but protracted virus crisis may ‘cast doubt’ over ability to stay in business.

Cineplex pic from MiC

Cineplex-Cineworld deal gets Ontario court approval

Meanwhile, a petition started by Vancouver’s Rio Theatre accusing Cineplex of “shutting out” indie theatres has racked up nearly 10,000 signatures.

Cineplex pic

Cineplex-Cineworld deal gets shareholder approval

The $2.8 billion transaction remains on course to close before June 30, said Cineplex president and CEO Ellis Jacob, as the company announced its Q4 financials.

film-theatre-unsplash

No rival buyers in play as Cineplex go-shop period ends

Its closure sets the stage for U.K.-based Cineworld to acquire Cineplex as its shareholders prepare to meet on Feb. 11 to vote on the transaction valued at $2.8 billion.

Copied from Media in Canada - cineplex

Cineplex-Cineworld deal raises questions for domestic film industry

Industry seeks reassurance that Cineworld or another buyer will put Canadian considerations on its priorities list.

Copied from Media in Canada - cineplex

U.K.’s Cineworld Group to acquire Cineplex for $2.8B

The deal, which is still subject to a number of regulatory approvals, is expected to close in the first half of 2020.

Cineplex

Cineplex rethinks its experience

The entertainment and media company will build new Junxion locations with live event space, indoor food truck and amusement games.