Cineplex Q2 loss due to twin Hollywood strikes, improvement in June-July box office.

Toronto-based cinema chain Cineplex Inc. experienced a Q2 loss due to twin Hollywood strikes, which delayed film releases. Despite the setback, box office performance improved in June and July with notable releases like "Inside Out 2" and "Deadpool & Wolverine". Cineplex CEO Ellis Jacob expects a strong pipeline of blockbusters in the coming years and plans to open new venues in Montreal, Vancouver, and Toronto.

August 09, 2024
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