Cineplex

Cineplex

Operates cinemas and entertainment venues

About Cineplex

Simplify's Rating
Why Cineplex is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Consumer Software

Consumer Goods

Entertainment

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1920

Overview

Cineplex operates a network of theatres and entertainment venues across Canada, providing film entertainment and various leisure activities. Its main offerings include movie screenings, digital content sales through CineplexStore.com, food services, and alternative programming events. Cineplex also manages cinema media and digital advertising through Cineplex Media and Cineplex Digital Media, respectively. Unique to Cineplex is its focus on creating comprehensive entertainment experiences, such as The Rec Room for dining and entertainment, and Playdium, which caters to families and teens. The company stands out from competitors by being a joint venture partner in SCENE, the largest entertainment loyalty program in Canada, and by fostering a strong corporate culture recognized nationally. Cineplex's goal is to deliver exceptional entertainment experiences to millions of guests each year.

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Simplify's Take

What believers are saying

  • Increased demand for IMAX and 4DX drives higher theater attendance.
  • Partnerships with real estate developers expand Cineplex's digital media reach.
  • Growth of loyalty programs like SCENE enhances customer retention and repeat business.

What critics are saying

  • Cineplex faces a $38.9 million fine for deceptive marketing practices.
  • Class-action lawsuits in BC and Quebec could lead to legal costs and reputational damage.
  • Cineplex's plan to raise $408.5 million may increase its debt burden.

What makes Cineplex unique

  • Cineplex is Canada's largest and most innovative film exhibitor.
  • Cineplex operates diverse businesses, including digital commerce and amusement solutions.
  • Cineplex is a joint venture partner in Canada's largest entertainment loyalty program, SCENE.

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Funding

Total Funding

$575.2M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Company News

Euroasia24
Sep 24th, 2024
Cineplex slapped with record $38.9M fine over online booking fee

Cineplex Inc. says it will appeal a record $38.9 million fine for deceptive marketing practices imposed by the Competition Tribunal.

Yahoo Finance
Aug 9th, 2024
Cineplex Reports Second Quarter 2024 Results and Announces Intention To Launch Normal Course Issuer Bid

Cineplex reports second quarter 2024 results and announces intention to launch normal course issuer bid.

Daily Hive
Mar 25th, 2024
Class-action lawsuits filed against flower delivery service Bloomex

In January, Slater Vecchio filed class-action lawsuits against Cineplex in BC and Quebec, alleging false and misleading advertising.

Newswire
Mar 4th, 2024
Cineplex Announces Completion of Comprehensive Refinancing

/CNW/ - Cineplex Inc. ("Cineplex" or the "Company") (TSX: CGX) today announced that it has closed its previously announced private placement offering of $575...

Simply Wall St
Feb 16th, 2024
Cineplex's (TSE:CGX) Earnings Are Of Questionable Quality

We can see that Cineplex received a tax benefit of CA$148m.

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