cineplex news releases

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August 1st, 2020

Category: top tourist destinations in the world

Due to the uncertainty of the timing of the reductions of government-imposed restrictions and the potential long-term effects that COVID-19 may have on the exhibition and amusement and leisure businesses, COVID-19 is expected to have a prolonged negative impact on Cineplex's operations. Announces Timing of Second Quarter 2019 Earnings Release and Conference CallJune 18, 2019Cineplex Announces New Theatre and Entertainment Complex Coming Soon to WinnipegJune 18, 2019Cineplex Inc. However, Cineplex is optimistic that the industry will recover over time as consumer demand for the theatrical experience combined with a build-up of anticipated releases of strong film content will help drive visitation as people look to return to normalcy. ACCESSIBILITY. The key risks and uncertainties include, but are not limited to: the impact of the COVID-19 pandemic on Cineplex, the motion picture exhibition industry and the economy in general, including Cineplex's response to the COVID-19 pandemic as it relates to theatre and venue closings, employee reductions and other cost-cutting measures, as well as increased expenses relating to safety measures taken at Cineplex's theatres and location based entertainment venues in order to protect the health and well-being of Cineplex's customers and employees; general global economic, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; relationships with employees, customers, business partners and competitors; the outcome of any litigation surrounding the termination of the Transaction; and diversion of management time on litigation related to the Transaction. Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. In addition to being Canada’s largest and most innovative film exhibitor, Cineplex also operates successful businesses  in digital commerce (CineplexStore.com), food service, alternative programming (Cineplex Events), cinema media  (Cineplex Media), digital place-based media (Cineplex Digital Media) and amusement solutions (Player One Amusement Group). One stop for all theatre and movie information. Cineplex has developed plans to position itself for long-term financial stability and business success which it can now advance free of the restrictions that had been imposed on it by the terms of the agreement governing the Transaction. Announces Voting Results for Directors at Annual Shareholders' MeetingMay 21, 201… A Cision company. Additionally, Cineplex operates Canada’s favourite destination for ‘Eats & Entertainment’ (The Rec Room) and entertainment complexes specially designed for teens and families (Playdium).

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