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Cineplex Inc
Symbol CGX
Shares Issued 63,375,010
Close 2024-12-11 C$ 12.86
Market Cap C$ 815,002,629
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Cineplex makes waves in Nov. with Moana 2, Gladiator II

2024-12-12 12:31 ET - News Release

Mr. Ellis Jacob reports

CINEPLEX REPORTS NOVEMBER BOX OFFICE RESULTS

Cineplex Inc. had box office revenues of $48.9-million for November, 2024, representing 141 per cent of November, 2023, and 94 per cent of 2019. Premium experiences accounted for 42 per cent of the November box office, compared with 36.7 per cent in November, 2023.

November brought the side-by-side theatrical releases of Gladiator II and Wicked, encouraging moviegoers to experience the much-anticipated "Glicked" weekend. Wicked's opening weekend earned $112.5-million, shattering records for films based on Broadway musicals.

The long-awaited Moana 2 created waves, generating a staggering $139.7-million in its opening three-day weekend, breaking the record for the highest United States Thanksgiving three-day weekend of all time. It also broke the record for the highest five-day opening of all time at $225.4-million.

Moviegoers continued to enhance their viewing experience with 70.5 per cent of Wicked's box office revenue, 59.8 per cent of Moana 2's box office revenue and 46.2 per cent of Gladiator II's box office revenue resulting from premium formats, such as three-dimensional, D-Box, IMAX, ScreenX, VIP and UltraAVX.

The continued popularity of international programming accounted for 11.8 per cent of Cineplex's November box office revenue, outperforming North American peers at 3.8 per cent. Bhool Bhulaiyaa 3 and Hello, Love, Again were part of the company's top-10 films for November, with Hello, Love, Again becoming the highest-grossing Filipino-language film in Cineplex history.

"The record-breaking trio of Gladiator II, Wicked and Moana 2 brought diverse genres and compelling content to theatres, giving moviegoers even more reasons to head to their local theatre," said Ellis Jacob, president and chief executive officer, Cineplex. "This wide selection of content solidifies movie-going as a shared experience, bringing people together for these special cinematic moments. As these titles extend into the holiday season, we're ending the year on a high note by also adding The Lord of the Rings: The War of the Rohirrim, Kraven the Hunter, Mufasa: The Lion King, Sonic the Hedgehog 3 and Nosferatu."

About Cineplex Inc.

Cineplex is a top-tier Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. Cineplex offers a unique escape from the everyday to millions of guests through its circuit of 168 movie theatres and location-based entertainment venues. In addition to being Canada's largest and most innovative film exhibitor, the company operates Canada's favourite destination for eats and entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining and live performances together under one roof (Cineplex Junxion). It also operates successful businesses in cinema media (Cineplex Media), digital commerce, alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures) and digital place-based media (Cineplex Digital Media). Providing even more value for its guests, Cineplex is a partner in Scene+, Canada's largest entertainment and lifestyle loyalty program.

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